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-AURAMEX RESOURCE CORP. - COMPANY CLOSES LOAN TRANSACTION AND FIRST TRANCHE OF PRIVATE PLACEMENT

Auramex Resource Corp., (the 'Company') announces that it has closed the loan transaction and the first tranche of a private placement originally announced February 24, 2017.

Under the loan transaction, the Company borrowed a total of $ 12,000 from investors.

The loans mature March 7, 2018 and bear interest at the rate of 10% per annum. The Company issued a total of 38,000 bonus shares and 50,000 bonus share warrants as additional consideration to the lenders. The bonus shares and wa

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