Euromax Announces Debenture Extension

Euromax Resources Ltd., 20 December 2018 (TSX: EOX) (“Euromax” or the “Company”), announces that the Company has obtained agreements from each of the European Bank for Reconstruction and Development (“EBRD”) and CC Ilovitza Limited (“CCC”), an affiliate of Consolidated Contractors Company Group, to extend the maturity date of EBRD’s and CCC’s previously issued convertible debentures in the aggregate principal amounts of USD$5,000,000 and CAD$5,200,000, respectively, from December 31, 2018, to February 28, 2019.