Company Announcements

TSXV: EOX
www.euromaxresources.com

VANCOUVER, BC , June 24, 2025 /CNW/ - Euromax Resources Ltd. (TSXV: EOX): ("Euromax" or the "Company") is pleased to report that all resolutions proposed, as set out in the Notice of Meeting dated May 14, 2025, were duly passed at its Annual General Meeting held in Skopje, Republic of North Macedonia on Tuesday, June 24, 2025.

At Annual General Meeting, each of the individuals nominated by management for election as a director of the Company were duly elected and the number of directors of the Company was fixed at seven (7) in accordance with the Company's Articles. The results are as follows:

Re-Appointment of Auditors

BDO Canada LLP were re-appointed as auditors of the Company, to hold office until the next annual general meeting of Shareholders, and the directors were authorized to fix their remuneration.

The Board & Management wishes to express its thanks to all shareholders for their support.

Approval of the Company's stock option plan (the "Option Plan")

The Option Plan, as fully described in the Management Information Circular sent to the shareholders with the Notice of this Annual General Meeting was approved.

Approval of the proposed amendments to the Option Plan

The proposed amendments to the Option Plan, as fully described in the Management Information Circular sent to the shareholders with the Notice of this Annual General Meeting were approved.

Board Appointments

The Company further announces that the following members have been appointed to the Board Committees:

Audit Committee

Stanislav Delchev (Chair), James Burke and Martyn Konig;

Compensation Committee

Martyn Konig (Chair), James Burke and Patrick Forward;

Technical Committee

Greg Morris (Chair), Patrick Forward and Tim Morgan-Wynne.

Neither Toronto Stock Exchange Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the Toronto Stock Exchange Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

About Euromax Resources Ltd.

Euromax has a major development project in North Macedonia and is focused on building and operating the Ilovica-Shtuka gold-copper project.

Forward-Looking Information

This news release contains statements that are forward-looking. Forward-looking statements are frequently characterised by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the dates the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward- looking statements. This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by the Company, including its annual information form for the year ended December 31, 2024 and financial statements and related MD&A for the financial years ended December 31, 2024 and 2023 and the unaudited condensed consolidated interim financial statements for the three months ended March 31, 2025 and 2024 along with the accompanying MD&A, filed with the securities regulatory authorities in certain provinces of Canada and available on SEDAR+. The forward-looking statements contained in this document are as of the date of this document, and are subject to change after this date. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Euromax disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as otherwise required by applicable law.

This news release shall not constitute an offer to sell or a solicitation of any offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities referenced herein have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and such securities may not be offered or sold within the United States absent registration under the U.S. Securities Act or an applicable exemption from the registration requirements thereunder.

SOURCE Euromax Resources Ltd.