Mr. Victor Cantore reports

AMEX EXPLORATION COMPLETES FINAL TRANCHE OF C$37.25 MILLION PRIVATE PLACEMENT

Amex Exploration Inc. has completed the second and final tranche of an oversubscribed non-brokered private placement, previously announced on July 17, 2025, and Aug. 7, 2025, of 1,877,000 common shares of Amex at a price of $1.60 per share for aggregate gross proceeds of $3,003,200. Together with the first tranche of the offering completed on Aug. 7, 2025, for aggregate gross proceeds of $34,246,800, the company raised a total of $37.25-million under the offering. The offering was oversubscribed and exceeded the maximum size previously announced on July 17, 2025, by $7.28-million.

The company intends to use the net proceeds of the offering to finance 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 finders' fees totalling $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.

About Amex Exploration Inc.

Amex Exploration has made significant high-grade gold discoveries, along with copper-rich volcanogenic massive sulphide (VMS) zones, at its 100-per-cent-owned Perron gold project, located approximately 110 kilometres north of Rouyn-Noranda, Que. The project comprises 117 contiguous claims (45.18 square kilometres) 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 square km) in Quebec and 35 claims (134.55 square km) in Ontario, the consolidated land package spans a district-scale 197.52 square km. 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 eight km from the town of Normetal. It is also in close proximity to several process plants owned by major gold producers.

We seek Safe Harbor.