Euromax Announces OTCQX Delisting; Appointment of VP Finance and Appointment of Broker

TSX-­‐V:  EOX;  OTCQX:  EOXFF www.euromaxresources.com

Euromax  Announces  OTCQX  Delisting;  Appointment  of  VP  Finance     and  Appointment  of  Broker  

Euromax   Resources   Ltd.   4   December   2013   (TSX-­‐V:   EOX;   OTCQX:   EOXFF):   (“Euromax”   or   the   “Company”) announces  the  following  corporate  developments:

Voluntary  Delisting  from  OTCQX  

The  common  shares  of  the  Company  will  be  voluntarily  delisted  from  the  OTCQX  effective  as  of  close  of  market on  31  December  2013.    Euromax  will  continue  to  trade  on  the  TSX  Venture  Exchange  under  the  symbol  EOX.

New  Appointment  

The  Company  is  pleased  to  announce  the  appointment  of  Brett  Ballintyne  as  VP  Finance  and  Financial  Controller, effective  2  December  2013.    A  chartered  accountant  qualified  in  Australia  since  2006,  Mr  Ballintyne  started  his career  in  Perth  with  KPMG,  working  in  KPMG’s  offices  in  Perth  and  London  over  a  nine  year  period.    He  joined Euromax   as   Financial   Controller   in   November   2012.     As   part   of   the   Company’s   long   term   incentive   plan,   Mr Ballintyne  has  been  awarded  (i)  240,000  share  options  under  the  Company’s  Share  Option  Plan,  exercisable  for five  years  at  a  price  of  C$0.18  per  share  and  (ii)  120,000  restricted  share  units  (“RSUs”),  under  the  Company’s RSU   Plan,   subject   to   share   price   performance   conditions.   These   LTIP   awards,   approved   by   the   Company’s Compensation   Committee,   will   vest   over   three   years   and   are   made   on   similar   terms   to   the   equity   incentives awarded  to  directors  and  officers  in  March  of  this  year.

Appointment  of  Broker    

The  Company  also  announces  the  appointment  of  Mirabaud  Securities  LLP  (“Mirabaud”)  to  act  as  the  Company’s broker  with  effect  from  27  November  2013.    Mirabaud  is  a  global  institutional  broking  business  with  significant expertise  in  the  mining  industry  and  will  be  responsible  for  acting  as  the  primary  point  of  contact  for  investors  in the  UK  and  Europe.    Mirabaud  has  been  engaged  for  an  initial  term  of  12  months  at  a  quarterly  fee  of  £7,500. The  appointment  is  subject  to  the  approval  of  the  TSX  Venture  Exchange.

About  Euromax  Resources  Ltd.  

Euromax  is  a  Canadian  exploration  and  development  Company  with  three  main  gold  and  base  metal  assets  in Macedonia,  Bulgaria  and  Serbia.  We  are  focused  on  identifying,  acquiring  and  developing  mineral  resources  in Southeastern  Europe  with  the  objective  of  becoming  a  world-­‐class  mining  company  in  the  region.  Our  strength  is our  local  staff,  knowledge  and  technical  expertise  in  Bulgaria,  Serbia  and  Macedonia.

Neither  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.

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

Steve  Sharpe,  President  &  CEO  

+44  (0)20  3667  2970 [email protected]

Karen  Atchison,  Investor  Relations  Manager  

+44  (0)20  3667  2970 [email protected]

Tom  Panoulias,  North  American  Representative  

+1  416  294  5649 [email protected]

Bobby  Morse,  Cornelia  Browne  

Buchanan +44  (0)20  7466  5000 [email protected] [email protected]