Management Changes Following the December 12 announcement appointing L awrence Roulston and Sorin Posescu to the Board of Directors, Auramex (the “Company”) is pleased to announce that they were both endorsed and elected by the shareholders at the Ann ual General Meeting (AGM) on December

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FOR IMMEDIATE RELEASE (TSX V Symbol: AUX) December 14, 2017

Management Changes

Following the December 12 announcement appointing Lawrence Roulston and Sorin Posescu to the Board of Directors, Auramex (the “Company”) is pleased to announce that they were both endorsed and elected by the shareholders at the Annual General Meeting (AGM) on December 13, 2017. The shareholders also re-elected the other four incumbent directors.

At a meeting of the Board of Directors following the AGM, Wayne Crocker, President and CEO, of the Company resigned as President and CEO and Lawrence Roulston was appointed to those positions. For Mr. Crocker, this is a step away from the day to day activities of the Company and eventual retirement. He has become Chairman of the Board.

Lawrence Roulston commented: “The Auramex team has assembled an extensive and highly prospective property position in the prolific Golden Triangle of British Columbia. We plan to revitalize the company, secure adequate financing and continue to advance those projects.”

About Auramex

Auramex holds 190 square kilometers of mineral rights in BC’s Golden Triangle. The Georgia River property surrounds a past producing gold mine near tidewater, 18 km south of Stewart; the Tide North property is 4 km from an all-weather road; and the Bear Valley properties straddle highway 37A north and east of Stewart.

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.