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NUG.V ·

STOCK OPTION RE-PRICING At the Company’s Annual and Special General Meeting held

Share Capital & Compensation Shareholder Meetings

750 Grand Boulevard North Vancouver, BC V7L 3W4

Tel: 604-924-9376 Fax: 604-924-9371

FOR IMMEDIATE RELEASE (TSX V Symbol: AUX) November 21, 2012

STOCK OPTION RE-PRICING

At the Company’s Annual and Special General Meeting held October 18, 2012, the disinterested shareholders approved a resolution to amend the exercise price of the Company’s outstanding stock options, as constituted following the 10:1 share consolidation approved at the same meeting and effected November 15, 2012. As a result of the consolidation, the Company now has options outstanding for the purchase of 925,000 post-consolidation shares, at a postconsolidation exercise price of $1.00 per share. The disinterested shareholders approved a reduction in the exercise price to a price consistent with the post–consolidation market price for the Company’s shares, as determined by the Company’s Board of Directors and approved by the TSX Venture Exchange. Based on the post-consolidation market price, the TSX Venture Exchange will be asked to approve a reduction in the exercise price of the 925,000 options to $0.10 per share. There will be no change to the expiry date or other material terms of the options.

About Auramex Resource Corp. – www.auramex.com

Auramex Resource Corp. is a junior mining exploration company with projects in British Columbia and in Sinaloa State, Mexico. In B.C., the Company holds approximately 40,000 hectares near Stewart, a grass roots exploration project.

For information on Auramex please contact Judie Whitby at (604) 924-9376 or refer to the company’s website: www.auramex.com.

Neither the 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.