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Euromax Announces Filing of Required Continuous Disclosure

Corporate Updates

Euromax Announces Filing of Required

Continuous Disclosure

VANCOUVER, BC

,

May 3, 2024

/CNW/ -

Euromax Resources Ltd.

(TSXV: EOX): ("

Euromax

" or

the "

Company

") is pleased to announce that today,

May 3, 2024

, it has filed: i) the audited annual

financial statements for the year ended

December 31, 2023

; ii) the related management discussion

and analysis for the year ended

December 31, 2023

; iii) the annual information form for the year

ended

December 31, 2023

; and iv) the CEO and CFO certifications of the foregoing filings as

required by National Instrument 52-109 –

Certification of Disclosure in Issuers' Annual and Interim

Filings

(collectively, the "

Annual Filings

").

As more particularly set out in the Company's news releases on

April 8, 2024

and

April 9, 2024

, on

April 8, 2024

, the Ontario Securities Commission (the "

OSC

"), the Company's principal regulator,

issued a failure-to-file cease trade order (the "

FFCTO

") in respect of the Company following the

Company's failure to file the Annual Filings by the applicable deadline.

With the filing of the Annual Filings now completed, the Company is once again up-to-date with

respect to its continuous disclosure obligations and will focus its efforts on working with the OSC

towards a full revocation of the FFCTO. However, there can be no assurance that a full revocation

of the FFCTO will be granted, and all of the Company's securities will remain subject to the FFCTO

until it is fully revoked.

Copies of the documents comprising the Annual Filings are available under the Company's profile on

SEDAR+.

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 any

potential full revocation of the FFCTO being granted by the OSC. 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, 2023

and financial statements and related MD&A for the financial

years ended

December 31, 2023

and 2022, 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 TSX Venture

Exchange nor its regulation services provider accepts responsibility for the adequacy or accuracy of

this news release.

For more information, please visit

www.euromaxresources.com

.

SOURCE

Euromax Resources Ltd.

View original content:

http://www.newswire.ca/en/releases/archive/May2024/03/c9979.html

%SEDAR: 00009131E

For further information:

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

[email protected]

CO: Euromax Resources Ltd.

CNW 14:05e 03-MAY-24