Amex Exploration Inc. (TSX-V: AMX) (FSE: MX0) (OTCQX: AMXEF) is pleased to announce that it has completed the second and final tranche of an oversubscribed non-brokered private placement, previously announced on July 17, 2025 and August 7, 2025, of 1,877,000 common shares of Amex at a price of C$1.60 per share for aggregate gross proceeds of C$3,003,200. Together with the first tranche of the offering completed on August 7, 2025 for aggregate gross proceeds of C$34,246,800, the Company raised a total of C$37,250,000 under the Offering. The Offering was oversubscribed and exceeded the maximum size previously announced on July 17, 2025 by $7,280,000.

The Company intends to use the net proceeds of the Offering to fund exploration across the Perron Gold Project, with a focus on new target definition and drilling, and for general working capital.

In connection with the Offering, the Company paid certain eligible third parties dealing at arm’s length with the Company cash finder’s fees totaling $56,000.

All securities issued in connection with the Offering will be subject to a hold period of four months and one day from the date of issuance, in accordance with applicable Canadian securities laws. The Offering remains subject to the final acceptance of the TSX Venture Exchange (the “TSXV“).

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities issued under the Offering in the United States. The securities issued under the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

About Amex Exploration Inc.

Amex Exploration Inc. has made significant high-grade gold discoveries, along with copper-rich volcanogenic massive sulphide (VMS) zones, at its 100%-owned Perron Gold Project, located approximately 110 kilometres north of Rouyn-Noranda, Quebec. The Project comprises 117 contiguous claims (45.18 km²) and hosts both bulk-tonnage and high-grade gold mineralization styles.

When combined with the adjacent Perron West Project, which includes 48 claims (17.37 km²) in Quebec and 35 claims (134.55 km²) in Ontario, the consolidated land package spans a district-scale 197.52 km². This extensive property lies within highly prospective geology favourable for both high-grade gold and VMS mineralization.

The Project benefits from excellent infrastructure: it is accessible by a year-round road, located just 20 minutes from an airport, and approximately 8 km from the Town of Normétal. It is also in close proximity to several process plants owned by major gold producers.