Auramex Announces Proposed Name Change

Vancouver, British Columbia--(Newsfile Corp. - July 10, 2020) -  Auramex Resource Corp. (TSXV: AUX) ("AUX") announces that, subject to TSX Venture Exchange approval, it will change its name to AUX Resources Corporation.

About Auramex Resource Corp.

AUX is exploring the past-producing Georgia River high-grade gold mine located 16 kilometres south of Stewart, BC in the prolific Golden Triangle. Georgia River was explored from the 1970s by several companies with the intent of restarting the mine, but this historic work only focused on the area hosting the existing mine workings. Work by AUX over the past few field seasons has generated compelling evidence in support of a large intrusion-related gold target adjacent to the area of previous work. Field crews have mobilized, and contractors have been selected to facilitate the 2020 field program which will involve drill testing the newly defined high-grade gold target.

For further information please see www.auxrc.com or contact:

Ian Slater
Chief Executive Officer
+1 604 638 2545
info@auxrc.com

Michelle Borromeo
Investor Relations
borromeo@auxrc.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. This news release includes forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions and regulatory and administrative approvals, processes and filing requirements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements.

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