Amex Exploration Inc.

Amex Exploration Inc.

October 07, 2009 15:00 ET

Amex Exploration Inc. Amends Its Stock Option Plan

MONTREAL, QUEBEC--(Marketwire - Oct. 7, 2009) - Amex Exploration Inc. (the "Company" or "Amex") (TSX VENTURE:AMX) announces that it has amended its stock option plan (the "Stock Option Plan"). The amendment increases the maximum number of shares issuable upon exercise of the options granted to directors, officers, key employees and consultants of the Company pursuant to the Stock Option Plan from 1,550,000 to 3,430,000. Such number represents less than 20% of the total number of shares issued and outstanding.

The amendment was conditionally approved by the TSX Venture Exchange and was ratified by the shareholders of the Company at the annual and special meeting held on September 30, 2009.

About Amex Exploration Inc.

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.
    Jacques Trottier, Ph.D.
    514-866-8096 (FAX)