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CSQ.CN ·

Clarification of Disclosure

Regulatory & Compliance

#804 – 750 West Pender Street, Vancouver, BC, V6C 2T7

T: 604.682.2928 /F: 604.685.6905 /W: https://canamexgold.com

CANAMEX GOLD CORP

NEWS RELEASE

Clarification of Disclosure

May 10th 2019 - Vancouver, Canada - Canamex Gold Corp. (the “Company”) (CSE: CSQ) announces

that, as a result of a review by the British Columbia Securities Commission, the Company is issuing the

following news release for the purposes of clarifying certain statements made in its news release dated

April 26th 2019 (“former news release”) regarding a delay in filing its annual financial statements.

The Company acknowledges that the former news release may have incorrectly characterized the reasons

for the Company not filing its financial statements, by the due date. The Company understands that

compliance with securities law requirements is ultimately the responsibility of the Company.

The failure on the part of the former auditor, Manning Elliot LLP, to provide the letter in the time frame, as

requested by the company, did not constitute non-compliance of the former auditor with securities laws, as

securities law requirements relate to the Company itself, and not to the auditors.

ON BEHALF OF THE BOARD

David Vincent

CEO and Director

[email protected]

Mike Stark

Chairman of the Board

604.833.4278

[email protected]

The Canadian Securities Exchange accepts no responsibility for the adequacy or accuracy of this release.