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Euromax Announces Board Appointment

Management Changes

Euromax Announces Board Appointment

VANCOUVER

,

Nov. 17, 2017

/CNW/ - (TSX: EOX; OTCQB: EOXFF): ("

Euromax

" or the "

Company

") is pleased to announce that

Ljupco

(Lou) Naumovski

has been appointed as a Non-Executive Director of the Company.

Mr. Naumovski, a Canadian Citizen born in

Macedonia

, is a senior executive with broad multi-disciplinary experience, including general

management and business development in gold mining and banking. Mr. Naumovski also serves as a Non-Executive Director on boards of Amur

Minerals Corporation and Trans-Siberian Gold; both companies are listed on the London Stock Exchange AIM market. Mr. Naumovski is an

Honorary Member of the Board of Directors of

Macedonia

2025 and serves as a Director of the Canada Eurasia Russia Business Association and

the Canadian Executive Service Organisation.

Mr. Naumovski retired from Kinross Gold Corporation in

January 2017

, where he served for ten years as Vice President and General Director in

Moscow

, responsible for

Kinross'

Government relations and new business development in Russia. Prior to this role, Mr. Naumovski served as

Senior Vice President and General Manager at Visa International Service Organisation and, prior to this as a Senior Banker in the Russian Team

and also Resident Representative for the for the European Bank of Reconstruction and Development in Moscow. Mr. Naumovski holds a BA

(Honours) in Economics and Political Science from the

University of Toronto

and an MA in International Relations (majoring in Russian / Soviet

affairs) from the Norman Patterson School of International Affairs at

Carleton University

in

Ottawa, Canada

.

Concurrently with Mr. Naumovski's appointment, Mr.

Patrick Forward

will step down from the Company's Board, but will remain in his position

as the Company's Chief Operating Officer and a member of the Board's Technical Committee steering the development of Euromax's Ilovica-

Shtuka project.

Mar

t

yn Konig, Chairman, stated:

"

On behalf of the Company's board of directors we warmly welcome Lou as a director. As a Macedonian

Canadian with extensive experience of both mining and financing, we are sure that he will be a valuable asset to the Company and will contribute

greatly towards the successful development of Ilovica-Shtuka."

About Euromax Resources Ltd.

Euromax is focused on building and operating the Ilovica-Shtuka copper-gold project in

Macedonia

.

Forward-Looking Information

This news release contains forward-looking information. Forward-looking statements include, but are not limited to the continued

advancement of the company's general business development, research development and the company's development of mineral

exploration projects. When used in this press release, the words "will", "shall", "anticipate", "believe", "estimate", "expect", "intent",

"may", "project", "plan", "should" and similar expressions may identify forward-looking statements. Although Euromax believes that

their expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no

assurance can be given that actual results will be consistent with these forward-looking statement. Important factors that could cause

actual results to differ from these forward-looking statements include the potential that fluctuations in the marketplace for the sale of

minerals, the inability to implement corporate strategies, the ability to obtain financing and other risks disclosed in our filings made with

Canadian securities regulators available on SEDAR at

www.sedar.com

. Forward-looking statements contained herein are made as of

the date of this news release and Euromax disclaims any obligation to update any forward-looking statements, whether as a result of

new information, future events or results or otherwise, except as required by applicable securities laws.

SOURCE

EurOmax Resources Ltd.

View original content: http://www.newswire.ca/en/releases/archive/November2017/17/c3968.html

%SEDAR: 00009131E

For further information:

For more information, please visit www.euromaxresources.com or contact: Martyn Konig, Executive Chairman, +44

(0) 20 3667 2970, [email protected]; Varshan Gokool, President & CEO, +44 (0) 20 3667 2970,

[email protected]

CO: EurOmax Resources Ltd.

CNW 07:27e 17-NOV-17