Proposed Funding Package and Formation of Strategic Relationship With CCC

Euromax Announces Proposed Funding Package and Formation of Strategic Relationship With Consolidated Contractors Company for Construction of Ilovica

Euromax Resources Ltd. - 8 April 2016 (TSX-V: EOX): ("Euromax" or the "Company"), is pleased to announce it has entered into a term sheet (the "Term Sheet") for an investment of up to US$30 million and a strategic alliance with CC Mining S.A. ("CCM") which is related to Consolidated Contractors Company Group ("CCC Group"), in respect of certain construction activities for the Ilovica project in Macedonia.