EurOmax Grants Share Options

TSX-­‐V:  EOX;  OTCQX:  EOXFF www.euromaxresources.com

EurOmax Grants Share Options

EurOmax   Resources   Ltd.   16   August,   2012   (TSX-­‐V:   EOX;   OTCQX:   EOXFF):   (“EurOmax”   or   the   “Company”)   today reports  that  it  has  granted  share  purchase  options  pursuant  to  the  Company’s  share  option  plan.

300,000  options  have  been  granted  to  a  consultant  of  the  Company  exercisable  for  five  years  at  a  price  of  C$  0.34  per share  and  vest  on  the  earlier  of  December  31,  2013  or  if,  following  the  Company’s  ongoing  assessment,  a  listing  in London  is  completed  prior  to  this  date.

50,000  options  have  been  granted  to  an  employee  of  the  Company  exercisable  for  five  years  at  a  price  of  C$  0.34  per share  and  vest  25%  on  grant,  25%  after  one  year,  25%  after  two  years  and  the  remaining  25%  after  three  years.

About  EurOmax  Resources  Ltd.  

EurOmax  is  a  Canadian  exploration  and  development  Company  with  three  gold  and  base  metal  assets  in Macedonia,  Bulgaria  and  Serbia.  We  are  focused  on  identifying,  acquiring  and  developing  mineral  resources in  Southeastern  Europe  with  the  objective  of  becoming  a  world-­‐class  mining  company  in  the  region.  Our strength  is  our  local  staff,  knowledge  and  technical  expertise  in  Bulgaria,  Serbia  and  Macedonia.

Neither  TSX  Venture  Exchange  nor  its  Regulation  Services  Provider  (as  that  term  is  defined  in  the  policies  of  the  TSX  Venture  Exchange)     accepts  responsibility  for  the  adequacy  or  accuracy  of  this  release.  

For  more  information,  please  contact:

Steve  Sharpe,  President  &  CEO  

+44  (0)20  3178  6511 [email protected]

For  further  information  please  visit  www.euromaxresources.com