Montreal – Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) (“Amex or the Company”) announces that shareholders have approved all resolutions presented at the annual general meeting of shareholders (“AGM”) held on May 10, 2022.

A total of 24,177,225 shares were represented in person or by proxy at the meeting, representing approximately 23.72% of the outstanding shares of the Company.

The following Board members stood for re-election and were duly re-elected: Victor Cantore, Pierre Carrier, Bryan Coats, Yvon Gelinas, Anik Gendron, Luisa Moreno, Andre Shareckand Jacques Trotier. Such directors will hold office until the next annual meeting or until their successors are elected or appointed or a director leaves office in accordance with the by-laws of the Company.

Raymond Chabot Grant Thornton (RCGT) has been reappointed as the external auditor of TGSC and will serve until the next annual meeting for a fee to be determined by the directors, with 99% of the votes cast supporting the appointment of the auditor. Shareholders also voted 98% in favor of approving Amex’s 10% stock option plan, under which the aggregate number of common shares reserved for issuance as options Incentive share purchase price shall not exceed 10% of the total issued and outstanding common shares. The plan remains subject to the approval of the TSX Venture Exchange.

Corporate update

Also at the AGM, the Company provided a review of operations during the year 2021 and to date. Depending on the season, Amex has up to 10 drill rigs in rotation and is drilling approximately 10,000 meters per month, making this campaign one of the largest and most aggressive exploration programs in Canada.

About Amex

Amex Exploration Inc. is a junior mining exploration company, whose primary objective is to acquire, explore and develop viable gold projects in the mining-friendly jurisdiction of Quebec. Amex is focused on its 100% owned Perron gold project, located 110 kilometers north of Rouyn-Noranda, Quebec, consisting of 117 contiguous claims covering 4,518 hectares. Several important gold discoveries were made at Perron, including the Eastern Gold Zonethe Gratien Gold Zonethe gray cat areaand the Central polymetallic zone. High grade gold has been identified in each of the zones. An important part of the project remains underexplored. In addition to the Perron project, the company owns a portfolio of three other properties focused on gold and base metals in the Abitibi region. Quebec and elsewhere in the province.

Contact:

Victor Cantore

Tel: +1-514-866-8209

Forward-looking statements

This press release contains forward-looking statements. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future, including but not limited to limit, the planned exploration program on the HGZ and Denise Zone, the expected positive exploration results, the extension of the mineralized zones, the timing of the exploration results, the Company’s ability to continue the exploration program, the availability of funds necessary to continue exploration and mineralization potential or potential mineral resources are forward-looking statements. Forward-looking statements are generally identifiable by the use of the words “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”. , ‘earn’, ‘have’, ‘plan’ or ‘project’ or the negative of these words or other variations of these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company’s ability to control or predict, which could cause the Company’s actual results to differ materially from those discussed in the forward-looking statements. Factors that could cause actual results or events to differ materially from current expectations include, among others, failure to meet anticipated, estimated or planned exploration expenditures, failure to establish estimated mineral resources, the possibility that future exploration results will not meet the Company’s expectations, general business and economic conditions, changes in world gold markets, the sufficient availability of labor and equipment, changes in laws and permitting requirements, unforeseen changes in weather, title litigation and claims, environmental risks as well as risks identified in the company’s annual report. Management discussion and analysis. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may differ materially from those described and, accordingly, readers should not place undue reliance on forward-looking statements. Although the Company has attempted to identify important risks, uncertainties and factors that could cause actual results to differ materially, there may be others that cause results not to be those anticipated, estimated or planned. The Company does not intend and undertakes no obligation to update these forward-looking statements, except as otherwise required by applicable law.