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EOX.V ·

Euromax Announces Results of Annual General Meeting

Shareholder Meetings

Euromax Announces Results of Annual

General Meeting

VANCOUVER, BC

,

Sept. 1, 2021

/CNW/ -

Euromax Resources Ltd,

(TSX: EOX): ("

Euromax

" or

the "

Company

") is pleased to report that all resolutions proposed, as set out in the Notice of

Meeting dated

28 July 2021

, were duly passed at its Annual General Meeting held in

Skopje

,

Republic of

North Macedonia

on

Wednesday, September 1, 2021

.

At the Meeting, each of the individuals nominated by management for election as a director of the

Company were duly elected and the number of directors of the Company was fixed at six (6) in

accordance with the Company's Articles. The results are as follows:

Name of Nominee

Vote For

%

1

Tim Morgan-Wynne

187,695,566

88.90%

Martyn Konig

187,695,566

88.90%

Nicolas Treand

187,767,654

88.93%

James Burke

187,767,654

88.93%

Ivan Vutov

187,702,396

88.90%

Stanislav Delchev

187,707,729

88.90%

1

out of 211,816,091 registered votes that vote for proposed nominees

Re-Appointment of Auditors

BDO LLP were re-appointed as auditors of the Company, to hold office until the next annual general

meeting of Shareholders, and the directors were authorized to fix their remuneration.

The Board & Management wishes to express its thanks to all shareholders for their support.

Board Appointments

The Company further announces that the following members have been appointed to the Board

Committees:

Audit Committee

Stanislav Delchev

(Chair),

James Burke

and

Martyn Konig

Compensation Committee

Martyn Konig

(Chair),

Tim Morgan-Wynne

and

James Burke

Technical Committee

Greg Morris

(Chair),

Patrick Forward

and Vladislav Trashliev

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

Company's potential courses of action in response to recent decisions by agencies of the

government of

North Macedonia

, including potential legal appeals to other courts of applicable

jurisdiction in

North Macedonia

or the pursuit of international arbitration processes; the results of

any such appeals or legal processes that may be pursued by the Company, if any; any future

decisions, whether by way of appeal or otherwise, of any agency of the government of

North

Macedonia

or of any court of applicable jurisdiction; whether or not any decision of any agency of

the government of

North Macedonia

or of any court of applicable jurisdiction would be favourable

to the Company's interests; whether or not any decision of an agency of the government of

North

Macedonia

or of any court of applicable jurisdiction that was favourable to the Company's interests

would be implemented by applicable government authorities or could otherwise be enforced by the

Company; potential investments in the Ilovica-Shtuka Project, with or without the support of any of

the Company's current or future third-party investors; the potential impact of any investment by the

Company or any third-party investor on the development of the Ilovica-Shtuka Project; the effect of

the development of the Ilovica-Shtuka Project on the economy of

North Macedonia

, including the

number of jobs which may be produced in connection therewith; the results of operations and

financial condition of the Company; permitting and licensing matters related to the Ilovica-Shtuka

Project; capital spending by the Company; financing sources available to the Company, including

from any current or future third-party investors in the Company; commodity prices; mineral

resources; and property evaluation plans and programmes. 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, 2020

and financial statements and related

MD&A for the financial years ended

December 31, 2020

and 2019, and the six months ended

June

30, 2021

, filed with the securities regulatory authorities in certain provinces of

Canada

and

available on SEDAR. 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,

except as otherwise required by applicable law.

SOURCE

Euromax Resources

View original content:

http://www.newswire.ca/en/releases/archive/September2021/01/c1995.html

%SEDAR: 00009131E

For further information:

Please visit www.euromaxresources.com or contact: Tim Morgan-Wynne,

Executive Chairman, +44 20 3918 5160, [email protected]

CO: Euromax Resources

CNW 07:22e 01-SEP-21