Euromax Resources Ltd. (TSX VENTURE:EOX)(OTCQX:EOXFF): ("Euromax" or the
"Company") announces the following corporate developments:


Voluntary Delisting from OTCQX

The common shares of the Company will be voluntarily delisted from the OTCQX
effective as of close of market on 31 December 2013. Euromax will continue to
trade on the TSX Venture Exchange under the symbol EOX.


New Appointment

The Company is pleased to announce the appointment of Brett Ballintyne as VP
Finance and Financial Controller, effective 2 December 2013. A chartered
accountant qualified in Australia since 2006, Mr Ballintyne started his career
in Perth with KPMG, working in KPMG's offices in Perth and London over a nine
year period. He joined Euromax as Financial Controller in November 2012. As part
of the Company's long term incentive plan, Mr Ballintyne has been awarded (i)
240,000 share options under the Company's Share Option Plan, exercisable for
five years at a price of C$0.18 per share and (ii) 120,000 restricted share
units ("RSUs"), under the Company's RSU Plan, subject to share price performance
conditions. These LTIP awards, approved by the Company's Compensation Committee,
will vest over three years and are made on similar terms to the equity
incentives awarded to directors and officers in March of this year.


Appointment of Broker 

The Company also announces the appointment of Mirabaud Securities LLP
("Mirabaud") to act as the Company's broker with effect from 27 November 2013.
Mirabaud is a global institutional broking business with significant expertise
in the mining industry and will be responsible for acting as the primary point
of contact for investors in the UK and Europe. Mirabaud has been engaged for an
initial term of 12 months at a quarterly fee of GBP 7,500. The appointment is
subject to the approval of the TSX Venture Exchange.


About Euromax Resources Ltd.

Euromax is a Canadian exploration and development Company with three main gold
and base metal assets in Macedonia, Bulgaria and Serbia. We are focused on
identifying, acquiring and developing mineral resources in Southeastern 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Euromax Resources Ltd.
Steve Sharpe
President & CEO
+44 (0)20 3667 2970
ssharpe@euromaxresources.co.uk


Euromax Resources Ltd.
Karen Atchison
Investor Relations Manager
+44 (0)20 3667 2970
katchison@euromaxresources.co.uk


Euromax Resources Ltd.
Tom Panoulias
North American Representative
+1 416 294 5649
tpanoulias@euromaxresources.co.uk
www.euromaxresources.com


Buchanan
Bobby Morse, Cornelia Browne
+44 (0)20 7466 5000
bobbym@buchanan.uk.com
corneliab@buchanan.uk.com
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