Amex Exploration Completes Acquisition of Abbotsford and Hepburn Projects
Amex Exploration (OTCQX: AMXEF) completed the acquisition of a 100% undivided interest in 324 non-contiguous mining claims totaling 8,392.92 hectares in Abbotsford and Hepburn townships, Ontario.
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Rhea-AI Summary
Amex Exploration (OTCQX: AMXEF) completed the acquisition of a 100% undivided interest in 324 non-contiguous mining claims totaling 8,392.92 hectares in Abbotsford and Hepburn townships, Ontario.
The Transaction closed on December 16, 2025 pursuant to a definitive asset purchase agreement with an arm's length vendor announced on December 1, 2025.
Positive
- 100% interest acquired in the Abbotsford and Hepburn assets
- 324 mining claims added to the company’s land position
- 8,392.92 hectares of ground added in Ontario
- Transaction closed Dec 16, 2025 under a definitive asset purchase agreement
Negative
- Claims are non-contiguous (324 claims across 8,392.92 hectares)
Details
News Market Reaction – AMXEF
On Dec 17, the first trading day after this news, AMXEF closed 0.72% above the previous close.
Data tracked by StockTitan Argus for the Dec 17 session.
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Montreal, Quebec--(Newsfile Corp. - December 16, 2025) - Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) ("Amex" or "the Company") is pleased to announce the closing of its acquisition (the "Transaction") of a
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 and contiguous Perron West Project and Abbotsford and Hepburn Projects (including additional claims acquired through staking) in Ontario, the consolidated land package spans a district-scale 501.08 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 30 minutes from an airport, and approximately 6.5 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/278249
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