Private Placement

750 Grand Boulevard North Vancouver, BC V7L 3W4

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

FOR IMMEDIATE RELEASE (TSX V Symbol: AUX) February 24, 2016

PRIVATE PLACEMENT

Auramex Resource Corp. (the “Company”) announces a private placement of up to 5,000,000 units at $0.01 per unit, for proceeds of $50,000. Each unit will consist of one common share and one half share purchase warrant. Each full warrant will entitle the holder to purchase one flowthrough common share at a price of $0.05 per share for a period of 90 days.

The offering is being made under a TSX Venture Exchange temporary pricing waiver and under the following prospectus exemptions in such jurisdictions as they are available: existing shareholders of record February 23, 2016, accredited investors, and friends, family and close business associates of the management and directors. The Company will pay cash finders’ fees of 10% to qualified finders who locate subscribers for the placement.

Management and directors intend to purchase up to $20,000 of the offering. No finders’ fees or similar fees are available to any subscriptions of management and directors.

The Private Placement has been approved by the Company’s Board of Directors. The private placement is subject to the approval of the TSX Venture Exchange.

Net proceeds of the financing will be used as follows:

1. Up to $50,000 as working capital.

2. Up to $3,000 as finders’ fees for the placement.

3. Exercised warrants will provide up to $125,000 for exploration on the Stewart properties in Northern British Columbia.

There can be no assurance that the flow-through warrants will be exercised and will provide the Company with these exploration funds.

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 19,000 hectares near Stewart, in the Golden Triangle.

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.