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EOX.V ·

Euromax Announces Application for Listing on the TSX Venture Exchange

Listings & Exchange

Euromax Announces Application for Listing on

the TSX Venture Exchange

TSX: EOX

www.euromaxresources.com

VANCOUVER, BC

,

Oct. 18, 2023

/CNW/ -

Euromax Resources Ltd.

(TSX: EOX): ("

Euromax

" or

the "

Company

"), announces that it has applied to list its securities on the TSX Venture Exchange

(the "

TSXV

") through the streamlined listing procedures of the TSXV as a Tier 2 mining issuer (the

"

Listing

").

Euromax is actively working with the TSXV in connection with the Listing and will provide further

updates, including with respect to timing, as appropriate.

In connection with the proposed Listing, the Toronto Stock Exchange ("

TSX

") has determined to

defer its decision pursuant to the remedial delisting review until no later than

November 13, 2023

.

About Euromax Resources Ltd.

Euromax has a major development project in

North Macedonia

and is focused on building

and operating the Ilovica-Shtuka gold-copper project.

Forward-Looking Information

This news release contains statements that are forward-looking, such as those relating to the Listing

and the potential delisting of the Company's securities from the TSX, and any expectations, including

with respect to results and timing, of the processes related to any of the foregoing. Forward-looking

statements are frequently characterised by words such as "plan", "expect", "project", "intend",

"believe", "anticipate" and other similar words, or statements that certain events or conditions "may"

or "will" occur. Forward-looking statements are based on the opinions and estimates of management

at the dates the statements are made, and are subject to a variety of risks and uncertainties and

other factors that could cause actual events or results to differ materially from those projected in the

forward- looking statements. This information is qualified in its entirety by cautionary statements and

risk factor disclosure contained in filings made by the Company, including its annual information form

for the year ended

December 31, 2022

and financial statements and related MD&A for the financial

years ended

December 31, 2022

and 2021, and the unaudited condensed consolidated interim

financial statements for the three and six months ended

June 30, 2023

and 2022 along with the

accompanying MD&A, filed with the securities regulatory authorities in certain provinces of

Canada

and available on SEDAR+ at

sedarplus.ca

. The forward-looking statements contained in this

document are as of the date of this document, and are subject to change after this date. Readers

are cautioned that the assumptions used in the preparation of such information, although considered

reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance

should not be placed on forward-looking statements. Euromax disclaims any intention or obligation to

update or revise any forward-looking statements, whether as a result of new information, future

events or otherwise, unless required by applicable law. Neither the Toronto Stock Exchange nor its

regulation services provider accepts responsibility for the adequacy or accuracy of this news

release.

SOURCE

Euromax Resources

View original content:

http://www.newswire.ca/en/releases/archive/October2023/18/c7710.html

%SEDAR: 00009131E

For further information:

For more information, please visit www.euromaxresources.com or

contact: Tim Morgan-Wynne, Executive Chairman, +44 20 3918 5160,

[email protected]

CO: Euromax Resources

CNW 17:00e 18-OCT-23