Auramex Extends Private Placement Closing Date

FOR IMMEDIATE RELEASE TSX V Symbol: AUX October 4th, 2018

AURAMEX EXTENDS PRIVATE PLACEMENT CLOSING DATE

Vancouver, British Columbia – Auramex Resource Corp . (the “Company” or “Auramex”) (TSX.V:

AUX) announces that the Company has applied for and received consent from the TSX Venture

Exchange to extend the closing date for its flow -through private placement financing , originally

announced on August 17, 2018 and September 27, 2018, until October 31, 2018. The Company expects

to close the private placement prior to that time. As announced in the news release dated September 27,

2018, the Company intends to raise an aggregate of CDN$450,000 through the sale of up to 9,000,000

flow-through common shares at a price of $0.05 per flow -through share and has closed a first tranche on

August 24th that consisted of a total of 2,337,000 flow -through shares being issued for gross proceeds to

the Company of $116,850.

In addition to the flow-through financing the Company intends to raise gross proceeds of up to

CDN$200,000 through the sale of up to 4,000,000 Units (the “Offering) at a price of $0.05 per Unit.

Each unit consists of one common share of the Company (a “Share”) and one-half of one common share

purchase warrant. Each whole warrant (a “Warrant”) shall entitle the ho lder to purchase one common

share at an exercise price of $0.10 for 12 months following the Closing Date.

About Auramex

Auramex is exploring a large and highly prospective property portfolio at the south end of the Golden

Triangle in British Columbia, with properties north, east and south of Stewart, a deep-water port.

The Golden Triangle is beginning to be recognized as one of the most highly mineralized geological

settings with excellent exploration potential for future discoveries.

The Golden Triangle region has matured dramatically over the past couple of years, with two mines now

in production, road access greatly improved, and a quant um leap in terms of geological understanding of

the processes that created some of the largest, and highest-grade metal deposits on the planet.

On behalf of the Board of Directors:

Lawrence Roulston

President & CEO

(604) 914-2142

For further information, contact:

Nancy Curry

VP Corporate Development

(604) 220-2971

www.auramex.com.

20th Floor, 250 Howe Street

Vancouver, BC V6C 3R8

Canada

Tel: 604-914-2142

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DISSEMINATION IN THE UNITED STATES OF AMERICA

Neither the 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.