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CEO.CA's Inside the Boardroom: Amex Exploration Raises C$30M Led by Eldorado Gold, Updated PEA Underway on Perron Project

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Amex Exploration (OTCQX:AMXEF) has secured a significant strategic investment from Eldorado Gold, which has increased its stake to approximately 17% through a C$30M financing. The company is currently working on an updated Preliminary Economic Assessment (PEA) for its Perron Project.

The new PEA will feature a four-year toll milling strategy with a staged mine development plan, focusing on fast-tracking gold production from the high-grade Champagne Zone while simultaneously de-risking the full-scale mine development of the Perron Project. The announcement was made during an interview with CEO Victor Cantore on CEO.CA's 'Inside the Boardroom' series.

Amex Exploration (OTCQX:AMXEF) ha ottenuto un importante investimento strategico da parte di Eldorado Gold, che ha aumentato la sua partecipazione a circa il 17% attraverso un finanziamento di 30 milioni di dollari canadesi. L'azienda sta attualmente lavorando a una versione aggiornata della Valutazione Economica Preliminare (PEA) per il suo Progetto Perron.

La nuova PEA includerà una strategia di lavorazione a pedaggio di quattro anni con un piano di sviluppo della miniera a fasi, concentrandosi sull'accelerazione della produzione d'oro dalla zona ad alta qualità Champagne, mentre si riducono i rischi legati allo sviluppo completo della miniera Perron. L'annuncio è stato fatto durante un'intervista con l'amministratore delegato Victor Cantore nella serie 'Inside the Boardroom' di CEO.CA.

Amex Exploration (OTCQX:AMXEF) ha asegurado una inversión estratégica significativa por parte de Eldorado Gold, que ha incrementado su participación a aproximadamente el 17% mediante una financiación de 30 millones de dólares canadienses. La compañía está trabajando actualmente en una Evaluación Económica Preliminar (PEA) actualizada para su Proyecto Perron.

La nueva PEA incluirá una estrategia de procesamiento por peaje de cuatro años con un plan de desarrollo minero por etapas, enfocándose en acelerar la producción de oro de alta ley en la Zona Champagne, mientras se reducen los riesgos del desarrollo a gran escala del Proyecto Perron. El anuncio se realizó durante una entrevista con el CEO Victor Cantore en la serie 'Inside the Boardroom' de CEO.CA.

Amex Exploration (OTCQX:AMXEF)Eldorado Gold로부터 중요한 전략적 투자를 확보했으며, 3천만 캐나다 달러의 자금 조달을 통해 지분을 약 17%로 늘렸습니다. 회사는 현재 Perron 프로젝트에 대한 업데이트된 예비 경제 평가(PEA)를 진행 중입니다.

새로운 PEA에는 4년간의 통밀링 전략과 단계별 광산 개발 계획이 포함되며, 고품위 샴페인 존에서 금 생산을 신속히 추진하는 동시에 Perron 프로젝트의 전면 광산 개발 위험을 완화하는 데 중점을 둡니다. 이 발표는 CEO.CA의 'Inside the Boardroom' 시리즈에서 CEO 빅터 칸토레와의 인터뷰 중에 이루어졌습니다.

Amex Exploration (OTCQX:AMXEF) a obtenu un investissement stratégique important de la part de Eldorado Gold, qui a augmenté sa participation à environ 17 % grâce à un financement de 30 millions de dollars canadiens. La société travaille actuellement sur une mise à jour de l'Évaluation Économique Préliminaire (PEA) pour son projet Perron.

La nouvelle PEA comprendra une stratégie de traitement par péage sur quatre ans avec un plan de développement minier par étapes, visant à accélérer la production d'or à partir de la zone à haute teneur Champagne tout en réduisant les risques liés au développement complet de la mine Perron. L'annonce a été faite lors d'une interview avec le PDG Victor Cantore dans la série 'Inside the Boardroom' de CEO.CA.

Amex Exploration (OTCQX:AMXEF) hat eine bedeutende strategische Investition von Eldorado Gold erhalten, die ihren Anteil durch eine Finanzierung in Höhe von 30 Millionen kanadischen Dollar auf etwa 17 % erhöht hat. Das Unternehmen arbeitet derzeit an einer aktualisierten vorläufigen Wirtschaftlichkeitsstudie (PEA) für sein Perron-Projekt.

Die neue PEA wird eine vierjährige Mühlengebührenstrategie mit einem gestuften Bergbauentwicklungsplan enthalten, der sich darauf konzentriert, die Goldproduktion aus der hochgradigen Champagne-Zone zu beschleunigen und gleichzeitig die Risiken bei der vollständigen Bergbauentwicklung des Perron-Projekts zu minimieren. Die Ankündigung erfolgte während eines Interviews mit CEO Victor Cantore in der 'Inside the Boardroom'-Reihe von CEO.CA.

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Toronto, Ontario--(Newsfile Corp. - July 28, 2025) - CEO.CA ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.

Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies.

Meet the Executive Shaping the Mining Landscape

'Inside the Boardroom' is more than just an interview series - it's a chance to gain firsthand knowledge from industry leaders, understanding their vision, challenges, and strategy.

We caught up with Victor Cantore, President & CEO of Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) to discuss Eldorado Gold's strategic investment increasing their stake to- ~17%, the pricing dynamics of flow-through shares vs. hard dollar shares, and why the updated PEA will feature a four-year toll milling strategy using a staged mine development plan that fast-tracks gold production from the high-grade Champagne Zone while de-risking the full-scale mine development of the Perron Project.

Amex Exploration Inc

(TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF)



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About CEO.CA

The leading community for investors & traders in junior resource & venture stocks. CEO.CA is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, CEO.CA has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at CEO.CA to set up your free account.

CEO.CA is a wholly owned subsidiary of EarthLabs, Inc.

For further information please contact:

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Email: hello@ceo.ca
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Neither the TSX Venture Exchange ("TSXV"), OTC Best Market ("OTCQX") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statement

The information regarding any issuer contained or referred to in any interviews conducted by CEO.CA has been furnished by such issuer directly, and neither CEO.CA nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the CEO.CA platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. CEO.CA disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/260378

FAQ

What is the size of Eldorado Gold's investment in Amex Exploration (AMXEF)?

Eldorado Gold led a C$30M financing round in Amex Exploration, increasing their stake to approximately 17% in the company.

What is Amex Exploration's (AMXEF) development strategy for the Perron Project?

Amex Exploration is implementing a four-year toll milling strategy with a staged mine development plan, focusing on fast-tracking gold production from the Champagne Zone while de-risking full-scale mine development.

Who is the CEO of Amex Exploration (AMXEF)?

Victor Cantore is the President & CEO of Amex Exploration Inc.

What stock exchanges is Amex Exploration listed on?

Amex Exploration is listed on multiple exchanges: TSXV (AMX), Frankfurt Stock Exchange (MX0), and OTCQX (AMXEF).

What is the purpose of the updated PEA for Amex Exploration's Perron Project?

The updated PEA will outline a staged development approach that includes a four-year toll milling strategy to fast-track gold production from the high-grade Champagne Zone while reducing development risk.
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