Euromax Announces Receipt of Conditional Approval to Graduate to TSX

Euromax Resources Ltd. - June 20, 2016 (TSX-V: EOX, OTCPK: EOXFF): ("Euromax" or the "Company"), is pleased to announce that it has received conditional approval from the Toronto Stock Exchange ("TSX") for the listing of its common shares on the TSX subject to compliance with certain conditions for listing. In connection with the listing on the TSX, Euromax will apply to voluntarily delist its common shares from the TSX Venture Exchange (the "TSXV").

Euromax expects to satisfy all conditions for listing and will make a future announcement in advance of first trading on the TSX, specifying the last day of trading on the TSXV and first day of trading on the TSX. Upon its listing on the TSX, the Company's common shares will continue to trade under the symbol "EOX".

"We are pleased to be graduating to the TSX as it has been an important corporate objective of the Company for the past year. A TSX listing gives rise to a number of advantages as we continue to build shareholder value, such as increased access to the capital markets and a larger pool of institutional investors," said Steve Sharpe, President & CEO of Euromax.