Company Closes Private Placement

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DESCRIBED HEREIN

FOR IMMEDIATE RELEASE (TSX V Symbol: AUX) December 22, 2017

COMPANY CLOSES PRIVATE PLACEMENT

Auramex Resource Corp. (the “Company”) announces th at it has closed the private placement

announced December 14, and December19, 2017, for a total of $125,000. The issuance is for a

total of 2,500,000 units; 1,000,000 flow-through un its and 1,500,000 non-flow-through units.

The flow-through units are at $0.05 per unit for to tal proceeds of $50,000. Each unit consists of

one flow-through common share and one half share pu rchase warrant. Each full share purchase

warrant entitles the holder to purchase one non-flo w-through common share for a period of two

years from date of issue at a price of $0.055. The non-flow-through units are at $0.05 per unit

for total proceeds of $75,000. Each unit consists of one common share and one share purchase

warrant. Each warrant entitles the holder to purch ase one common share for a period of two

years from date of issue at a price of $0.055 per share.

The common shares and warrants issued under this placement are subject to a four month hold

period from the date of issue under applicable securities law.

The private placement has been approved by the Company’s board of directors excluding those

directors that have a direct interest in the private placement.

The Company incurred $2,000 as finders’ fees in con nection with the placement. The proceeds

of the private placement will be used for property exploration and working capital.

The private placement is subject to the approval of the TSX Venture Exchange.

About Auramex

Auramex holds 190 square kilometers of mineral righ ts in BC’s Golden Triangle. The Georgia

River property surrounds a past producing gold mine near tidewater, 18 km south of Stewart; the

Tide North property is 4 km from an all-weather roa d; and the Bear Valley properties straddle

highway 37A north and east of Stewart.

For information on Auramex please contact Judie Whitby at (604) 924-9376 or refer to the

company’s website: 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 for the adequacy

or accuracy of this release.

750 Grand Boulevard

North Vancouver, BC

V7L 3W4

Tel: 604-924-9376

Fax: 604-924-9371