Amex Exploration Inc.

Amex Exploration Inc.

May 04, 2009 11:24 ET

Amex Exploration Announces Warrant Term Extension

MONTREAL, QUEBEC--(Marketwire - May 04, 2009) - Amex Exploration Inc. (TSX VENTURE:AMX) ("Amex") announces that, subject to the approval of the TSX Venture Exchange (the "Exchange"), it proposes to extend the term of 260,000 common share purchase warrants (the "Warrants") that were issued as part of a private placement which closed on May 4, 2007.

The Warrants had an original term of twenty-four (24) months. Each Warrant entitles its holder to purchase one additional common share of Amex at an exercise price of $0.65 per share. Subject to the approval of the Exchange, the term of the Warrants will be extended for twelve (12) additional months, for a total term of thirty-six (36) months expiring on May 4, 2010. None of he Warrants have been exercised to date.

Amex is a junior mining exploration company, the common shares of which are listed on the TSX Venture Exchange. Amex's primary objective is to develop and bring into production viable gold and base metal deposits.

Neither 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.

Contact Information

  • Amex Exploration Inc.
    Michel Lemay