Private Placement and Loan Transaction Auramex Resource Corp., (the "Company") announces a non-brokered private placement of up to 5,000,000 units at $0.08. Each u nit will comprise one common share and one share purchase warrant. Each underlyi ng warrant will entitle the

FOR IMMEDIATE RELEASE (TSX V Symbol: AUX January 24, 2018

Private Placement and Loan Transaction

Auramex Resource Corp., (the "Company") announces a non-brokered private

placement of up to 5,000,000 units at $0.08. Each u nit will comprise one common

share and one share purchase warrant. Each underlyi ng warrant will entitle the

holder to purchase one additional common share of t he Company for a period of

two years, at a price of $0.10 per share.

The funds are to be used for exploration and working capital.

The placement is subject to TSX Ventures Exchange Approval.

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 road; 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