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Auramex to Carry Out $250,000 Flow-Through Financing

Financings

FOR IMMEDIATE RELEASE TSX V Symbol: AUX August 17 th , 2018

AURAMEX TO CARRY OUT $250,000 FLOW-THROUGH FINANCING

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

AUX) announces a non-brokered private placement to raise gross proceeds of up to CDN$250,000

through the sale of up to 5,000,000 flow-through co mmon shares at a price of $0.05 per flow-through

share.

The placement will be sold to qualified investors, including shareholders of record on August 15 th , 2018

resident in Canada. Such shareholders of record are eligible to purchase up to $15,000 worth of flow-

through shares or more than $15,000 worth based on suitability advice from a registered investment

dealer. After deducting subscriptions from qualifie d investors, the remaining flow through shares will be

allocated to existing shareholders in order of rece ipt of subscription agreements, until all remaining flow

through shares have been allocated. All the securi ties issued pursuant to this private placement will be

subject to a four-month hold period. Completion of the Offering is subject to receipt of all required

regulatory and other approvals, including acceptance by the TSX Venture Exchange. The Offering is not

subject to any minimum aggregate subscription. The proceeds will be used for further exploration of t he

Company’s mineral properties in the Stewart area of British Columbia.

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 a s 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 quantum leap in terms of geological understanding o f

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 .

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 fo r the adequacy or accuracy of this release.

20th Floor, 250 Howe Street

Vancouver, BC V6C 3R8

Canada

Tel: 604-914-2142