Amex Exploration Appoints Two New Directors to Drive Strategic Focus on Perron Gold Project Development
Amex Exploration (OTCQX:AMXEF) has appointed Phil Brumit and Peter Damouni to its Board of Directors, marking a strategic shift towards advancing the Perron Gold Project into production. Brumit, who brings over 45 years of mining industry experience from companies like Lundin Mining and Newmont Corporation, will lead the newly formed Project Development Technical Team.
The appointments strengthen Amex's leadership with Brumit's extensive mine-building expertise and Damouni's 20+ years of corporate and investment banking experience. The Perron project is positioned as a tier-one asset, featuring high-grade gold deposits and access to major infrastructure including power, roads, skilled labor, and housing in a safe jurisdiction.
Amex Exploration (OTCQX:AMXEF) ha nominato Phil Brumit e Peter Damouni nel suo Consiglio di Amministrazione, segnando un cambiamento strategico volto a far avanzare il Progetto Oro Perron verso la produzione. Brumit, che vanta oltre 45 anni di esperienza nel settore minerario con aziende come Lundin Mining e Newmont Corporation, guiderà il neocostituito Team Tecnico per lo Sviluppo del Progetto.
Queste nomine rafforzano la leadership di Amex grazie alla vasta esperienza di Brumit nella costruzione di miniere e ai più di 20 anni di esperienza di Damouni nel settore bancario aziendale e degli investimenti. Il progetto Perron si presenta come un asset di primo livello, con depositi auriferi ad alta concentrazione e accesso a infrastrutture principali quali energia elettrica, strade, manodopera qualificata e alloggi, il tutto in una giurisdizione sicura.
Amex Exploration (OTCQX:AMXEF) ha designado a Phil Brumit y Peter Damouni en su Junta Directiva, marcando un cambio estratégico para avanzar el Proyecto de Oro Perron hacia la producción. Brumit, con más de 45 años de experiencia en la industria minera en empresas como Lundin Mining y Newmont Corporation, liderará el recién formado Equipo Técnico de Desarrollo del Proyecto.
Estas incorporaciones fortalecen el liderazgo de Amex gracias a la amplia experiencia de Brumit en construcción de minas y a los más de 20 años de experiencia de Damouni en banca corporativa e inversión. El proyecto Perron se posiciona como un activo de primer nivel, con depósitos de oro de alta ley y acceso a infraestructura clave como energía, carreteras, mano de obra calificada y vivienda en una jurisdicción segura.
Amex Exploration (OTCQX:AMXEF)는 이사회에 Phil Brumit과 Peter Damouni를 임명하며 Perron 금 프로젝트의 생산 단계 진입을 위한 전략적 전환을 선언했습니다. Lundin Mining과 Newmont Corporation 등에서 45년 이상의 광산업 경력을 가진 Brumit은 새로 구성된 프로젝트 개발 기술팀을 이끌 예정입니다.
이번 임명으로 Amex의 리더십이 강화되었으며, Brumit의 광산 건설 전문성과 Damouni의 20년 이상의 기업 및 투자은행 경력이 더해졌습니다. Perron 프로젝트는 고품위 금 매장량과 전력, 도로, 숙련 노동자, 주거 등 주요 인프라 접근성을 갖춘 안전한 관할 구역에 위치한 1급 자산으로 평가받고 있습니다.
Amex Exploration (OTCQX:AMXEF) a nommé Phil Brumit et Peter Damouni à son Conseil d'administration, marquant une orientation stratégique vers la mise en production du Projet Aurifère Perron. Brumit, fort de plus de 45 ans d'expérience dans l'industrie minière chez des entreprises telles que Lundin Mining et Newmont Corporation, dirigera la nouvelle équipe technique de développement du projet.
Ces nominations renforcent la direction d'Amex grâce à l'expertise approfondie de Brumit en construction de mines et aux plus de 20 ans d'expérience de Damouni dans la banque d'entreprise et d'investissement. Le projet Perron est considéré comme un actif de premier ordre, présentant des gisements d'or à haute teneur et un accès aux infrastructures majeures telles que l'électricité, les routes, la main-d'œuvre qualifiée et le logement dans une juridiction sûre.
Amex Exploration (OTCQX:AMXEF) hat Phil Brumit und Peter Damouni in seinen Vorstand berufen und damit eine strategische Neuausrichtung eingeleitet, um das Perron Goldprojekt in die Produktion zu überführen. Brumit, der über 45 Jahre Erfahrung in der Bergbauindustrie bei Unternehmen wie Lundin Mining und Newmont Corporation mitbringt, wird das neu gegründete technische Projektentwicklungsteam leiten.
Die Ernennungen stärken die Führung von Amex durch Brumits umfangreiche Expertise im Minenbau und Damounis über 20-jährige Erfahrung im Unternehmens- und Investmentbanking. Das Perron-Projekt gilt als erstklassiges Asset mit hochgradigen Goldvorkommen und Zugang zu wesentlicher Infrastruktur wie Strom, Straßen, qualifizierten Arbeitskräften und Wohnraum in einer sicheren Jurisdiktion.
- Strategic strengthening of Board with experienced mining executive Phil Brumit (45+ years experience) and capital markets expert Peter Damouni
- Formation of new Project Development Technical Team to advance Perron Gold Project towards production
- Perron project benefits from existing infrastructure and high-grade gold deposits
- Strong PEA supporting economic development of the Perron project
- None.
Montreal, Quebec--(Newsfile Corp. - July 9, 2025) - Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) ("Amex" or the "Company") announces the appointment of Phil Brumit and Peter Damouni to its Board of Directors, following the Company's Annual General and Special Meeting held on June 30, 2025. These additions reflect a strategic shift toward advancing the Perron Gold Project into production while continuing active exploration for new gold discoveries. In addition, Mr. Brumit will lead the newly formed Project Development Technical Team working alongside Jonathan Gagné, Project Development and Aaron Stone, Exploration.
Mr. Brumit brings over 45 years of experience in engineering, development, project management, operations start-up and mining operations across leading companies in the natural resources sector. Currently, he is a non-executive director for Luca Mining and Empire Metals. He has held senior leadership roles at Lundin Mining, Freeport-McMoRan, and Newmont Corporation, where he drove operational success and delivered major projects globally. His career includes positions such as Executive VP Projects & Operations at Josemaria Resources, President and Managing Director of Minera Candelaria (Lundin Mining) in Chile, and President of Freeport-McMoRan's African Division focused on the Tenke-Fungurume copper-cobalt mine.
Mr. Damouni has over 20 years of experience in corporate and investment banking. He serves as an officer and director of public companies listed on the Toronto Stock Exchange, TSX Venture Exchange and London Stock Exchange. Mr. Damouni has successfully led strategic financings and developed and executed corporate strategies that have driven significant re-ratings of public companies. He has also played a key role in mergers and acquisitions that have created substantial value for shareholders.
Victor Cantore, President and CEO of Amex commented, "The Perron project offers tremendous exploration upside, and we will continue to explore for new gold discoveries on our combined properties. With a sizeable gold resource at Perron and a strong PEA supporting its economic development, we are also transitioning into a new phase of growth. Phil Brumit's mine-building expertise and Peter Damouni's capital markets acumen will be critical as we drive the project forward. With decades of experience working for best practice mining companies, Phil brings discipline and rigour to our board and technical team. As we advance the Perron project I look forward to his invaluable contributions. I have also collaborated on other transactions with Peter and we have developed an excellent working relationship."
Phil Brumit, Director of Amex said, "After reviewing the Perron project, the decision to join this board and technical team was an obvious one for me. Throughout my career, I have evaluated a number of projects and Perron stands out as a tier one asset. This project ticks a number of boxes, including high grade, access to major infrastructure (power, roads, skilled labour, housing) and a safe jurisdiction. I am delighted to join the team and look forward to contributing to the Company's continued success."
About Amex Exploration Inc.
Amex Exploration Inc. has made significant high-grade gold discoveries, along with copper-rich volcanogenic massive sulphide (VMS) zones, at its
When combined with the adjacent Perron West Project, which includes 48 claims (17.37 km²) in Quebec and 35 claims (134.55 km²) in Ontario, the consolidated land package spans a district-scale 197.52 km². This extensive property lies within highly prospective geology favourable for both high-grade gold and VMS mineralization.
The Project benefits from excellent infrastructure: it is accessible by a year-round road, located just 20 minutes from an airport, and approximately 8 km from the Town of Normétal. It is also in close proximity to several process plants owned by major gold producers.
For further information please contact:
Victor Cantore
President and Chief Executive Officer
Tel: +1-514-866-8209
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.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/258241
FAQ
Who are the new directors appointed to Amex Exploration's (AMXEF) board?
What is Phil Brumit's role at Amex Exploration (AMXEF)?
What is the significance of these appointments for Amex Exploration's Perron Gold Project?
What are the key features of Amex Exploration's Perron Gold Project?
