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Gold & Silver Prices in
Euromax Resources Ltd.: Board and Management Changes
Published : November 08, 2012
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 8, 2012) - Euromax Resources Ltd. (News - Market indicators) (OTCQX:EOXFF): ("Euromax" or the "Company") announces that Mr. Patrick Forward has been appointed as Chief Operating Officer ("COO") and a director of the Company, with immediate effect. Mr. Forward brings a wealth of experience, particularly in the Carpathian Arch, where all of the Company's projects and exploration targets are located. Mr. Forward will spearhead the development of Ilovitza as well as the expansion of the resource base across all the Company's properties.

Mr. Forward has acted as a technical consultant to the Company since March and has a strong track record in the development of gold assets in Europe and Africa. Mr. Forward was previously V.P. Projects & Exploration at European Goldfields where he was responsible for the development of the Skouries and Olympias projects in Greece and the Certej project in Romania through feasibility work, basic engineering and financing. In addition, Mr. Forward was responsible for European Goldfields' exploration properties in Romania, Greece and Turkey and the growth and compliance of that company's resource and reserve base. In the early 1990's he managed exploration projects in Europe, Ghana and Venezuela before spending some five years in Burkina Faso managing exploration programmes including the discovery of Semafo Inc's 2.8 Moz Mana deposit. Mr. Forward is also specialised in geological due diligence, resource estimation, the application of GIS systems to exploration projects, deposit evaluation and is a Qualified Person with the respect to NI 43-101 reporting.

Mr. Forward joins the board further to the resignations of Mr. Mark Gustafson as both COO and a director of the Company and Dr. Quinton Hennigh as a director and officer of the Company.

Commenting on the announcement, Steve Sharpe, President & Chief Executive Officer of the Company said, "We are delighted to welcome Pat Forward to the board and importantly as the new COO. Pat brings with him a wealth of both exploration and development experience, which will be invaluable to the Company going forward. I would like to thank Mark Gustafson and Quinton Hennigh for their enormous contributions to Euromax, as well as for facilitating such a smooth and amicable handover."

The Company also reports that 150,000 options have been granted to two employees of the Company with a term of five years at an exercise price of C$ 0.80 per share with vesting 25% on grant, 25% after one year, 25% after two years and the remaining 25% after three years.

About Euromax Resources Ltd.

Euromax is a Canadian exploration and development company with three gold and base metal assets in Macedonia, Bulgaria and Serbia. We are focused on identifying, acquiring and developing mineral resources in South Eastern Europe with the objective of becoming a world-class mining company in the region. Our strength is our local staff, knowledge and technical expertise in Bulgaria, Serbia and Macedonia.

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

Euromax Resources Ltd.
Steve Sharpe
President & CEO
+44 (0)20 3667 2970
ssharpe@euromaxresources.co.uk
or
Euromax Resources Ltd.
Karen Atchison
Investor Relations Manager
+44 (0)20 3667 2970
katchison@euromaxresources.co.uk
www.euromaxresources.com
Data and Statistics for these countries : Bulgaria | Burkina Faso | Ghana | Greece | Macedonia | Romania | Serbia | Turkey | Venezuela | All
Gold and Silver Prices for these countries : Bulgaria | Burkina Faso | Ghana | Greece | Macedonia | Romania | Serbia | Turkey | Venezuela | All

Euromax Resources

EXPLORATION STAGE
CODE : EOX.V
ISIN : CA29873T3073
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Euromax is an exploration gold and copper company based in Canada.

Euromax holds various exploration projects in Bulgaria, in Canada and in Macedonia.

Its main exploration properties are KARAVANSALIJA, TRUN, POPINTSI and RAKITOVO in Bulgaria, KAZANDOL, CEOVISHTE, BRESTOVATZ and ILOVITZA in Macedonia and DURLAN POTOK and EYREMORE in Canada.

Euromax is listed in Canada and in United States of America. Its market capitalisation is CA$ 44.4 millions as of today (US$ 36.8 millions, € 32.8 millions).

Its stock quote reached its highest recent level on September 07, 2012 at CA$ 1.62, and its lowest recent point on April 25, 2014 at CA$ 0.09.

Euromax has 116 840 000 shares outstanding.

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Corporate Presentations of Euromax Resources
11/1/2012Management Share Purchases New Euromax Corporate Presentatio...
3/2/2008 Corporate Presentation - February 2008
Annual reports of Euromax Resources
2007 Annual Report
Financings of Euromax Resources
3/15/2011Announces Final TSXV Approval of $7.875 Million Private Plac...
2/22/2011Proposes Private Placement for Up to $7.875 Million
1/4/2011Receives $822,000 from Warrants and Options
Option Grants of Euromax Resources
9/21/2012Brings Investor Relations Services In-house
3/23/2011Grant of 575,000 options at $0,35
2/3/2011Euromax issues 1.075.000 stock options at $0.31
Nominations of Euromax Resources
6/11/2013Appoints Environmental & Social Manager
6/1/2011Board of Directors Re-Elected at Annual General Meeting
9/1/2009Appoints VP Exploration and IR Team
8/7/2008appoints Greg Hall as member of advisory board
Financials of Euromax Resources
11/24/2010Releases Third Quarter (September 30) Unaudited Financial Re...
Project news of Euromax Resources
12/7/2012(Trun)Final Exploration Report for Trun Property Accepted by Bulga...
2/29/2012First Berlin Initiates Coverage of Euromax Resources
2/8/2012Euro Pacific Broker Note - EurOmax Resources
7/20/2011(Trun)Confirms Another Gold Zone at Trun - Drilling Encounters 24 ...
5/26/2011(Ilovitza)Intercepts 369 Meters at 0.22% Copper and 0.33 Grams Per Ton...
4/1/2011(Breznik)Reports 0.5 Million Ounces Gold and 2.1 Million Ounces Silve...
2/17/2011(Ilovitza)Intercepts 336.5 Meters at 0.30% Copper and 0.37 Grams Per T...
9/16/2010(Trun)Drilling at Trun Expands Gold Zone at Logo and K2 Targets
11/12/2009Correction: Drilling at Breznik Intersects High Gold Grades
11/3/2009Drilling at Breznik Intersects High Grades and Extends Lengt...
10/28/2008(Durlan Potok)Gold-Copper Anomaly North of Bor Gold & Copper Mines
7/24/2008(Ilovitza)Ilovitza Geophysical Survey
6/26/2008(Ilovitza)Announces 1.6 Billion pound copper and 2.9 million ounce gol...
Corporate news of Euromax Resources
5/1/2015Euromax Announces In-Principle UFK Eligibility and Mandating...
4/24/2015Euromax Resources conducted a socio-economic survey in Ilovi...
3/24/2015Euromax Announces Appointment of Director and Funding of Sec...
3/24/2015Announces Appointment of Director and Funding of Second $3.7...
3/9/2015Euromax Announces Closing of Royal Gold Transaction
3/3/2015Announces Closing of Royal Gold Transaction
3/3/2015Euromax Announces Closing of Royal Gold Transaction
2/20/2015Certificate of Appreciation awarded to Euromax Resources
1/12/2015Euromax Resources Closes Private Placement
1/12/2015Euromax Resources Closes Private Placement
12/23/2014Re-filing of Amended Technical Report
12/22/2014Re-Filing of Amended Technical Report
12/10/2014Euromax Announces Non-­Brokered Private Placement to the EBR...
12/9/2014Euromax Announces Non-Brokered Private Placement to the EBRD
10/21/2014Royal Gold Acquires Gold Stream on Euromax’s Ilovitza Projec...
10/21/2014Euromax Resources Announces US$175 Million Gold Streaming Ag...
7/22/2014Euromax Files Ilovitza NI 43-101 Technical Report
7/18/2014Euromax Issues Warrants to Investec Bank plc
6/24/2014All Resolutions Passed at Euromax Annual General & Special M...
6/5/2014Euromax Announces Ilovitza Pre-Feasibility Study Results & M...
4/28/2014Euromax Announces Sale of Subsidiary for $3.5m and Update on...
9/27/2013Receives C$1 Million from Sale of Thrace Resources
9/12/2013Announces Discovery Drill Hole at Gradina, KMC, Serbia
8/5/2013(Ilovitza)Announces New Mineral Resource Estimate for Ilovitza Project
7/24/2013Publishes First Company Newsletter
7/24/2013Publishes First Company Newsletter
5/24/2013(Ilovitza)Announces New Mineral Resource Estimate for Trun Project-Dri...
5/9/2013All Resolutions Passed at Euromax Annual General & Special M...
5/9/2013All Resolutions Passed at Euromax Annual General & Special M...
3/26/2013(Ilovitza)Files Updated Ilovitza PEA
3/21/2013(Ilovitza)Announces 2012 Drilling Results from Ilovitza, Macedonia
3/5/2013Clarifies Disclosure
2/19/2013Announces 2012 Drilling Results from KMC Project, Serbia
2/14/2013(Ilovitza)Opens Information Centre in Ilovitza
1/23/2013Announces $8.8 Million Non-Brokered Private Placement; Appoi...
11/27/2012Announces Maiden Drilling Results from Babjak Target, Bulgar...
11/8/2012Board and Management Changes
10/24/2012(Ilovitza)Announces Approval of Ilovitza EIS & Preliminary Economic As...
10/16/2012(Ilovitza)Announces Share Consolidation; New Company Secretary Appoint...
9/13/2012Director's Dealings
5/23/2012Moves to Europe
7/21/2011Drill High Grades
7/7/2011(Breznik)Large Geophysical Anomaly at the Breznik Au-Ag Project Teste...
6/14/2011(Trun)Discovers New Gold Zones at Trun
5/4/2011Commences Drilling and Geophysical Programs
4/21/2011Adds to Technical Advisory Board and Issues Stock Options to...
11/9/2010Revises Exploration and Commercialization Strategy and Provi...
9/8/2010Responds to Dissidents' Claims
9/2/2010EurOmax Applies to the British Columbia Supreme Court
8/25/2010Annual General Meeting Adjourned - EurOmax to Apply to the B...
8/18/2010Reminds Shareholders to Vote their BLUE Proxy By Friday, Aug...
7/26/2010files Information Circular and Urges Shareholders to Vote th...
7/14/2010Sues Anthony Patriarco for Insider Trading
10/20/2009 Bulgarian project update
7/16/2009EOX Closes USD15 Million Property Sale
7/17/2009Now Has A New Lease Of Life In South Eastern Europe
5/27/2009Silk Road Business Combination
3/17/2009Announces Gold-Silver Acquisitions
8/22/2008Closes $0.75 Million Financing
7/14/2008Exposure to West African Gold Exploration
7/7/2008Dr. Patriarco Joins EurOmax Board
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TSX-V (EOX.V)Other OTC (EOXFF)
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