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Amerix Precious Metals Corp. Reviews Strategic Alternatives

26.11.2013  |  Marketwire
TORONTO, ONTARIO -- (Marketwired - Nov 25, 2013) - Amerix Precious Metals Corp. (TSX VENTURE:APM) (FRANKFURT:NJGN) ('Amerix' or 'the Company') announces that its Board of Directors has commenced a review of strategic alternatives for the Company with the objective of enhancing shareholder value. As part of the strategic review process, the Company will be examining a number of alternatives including, but not limited to, joint ventures, strategic partnerships, mergers, acquisitions, and the sale of the Company or other corporate transactions to enhance shareholder value.

Amerix has entered into discussions and has executed confidentiality agreements with a number of interested parties. The Company has not set a schedule to complete its evaluation and there can be no assurance that any transaction will result. The Company does not intend to disclose further details with respect to its review of strategic alternatives unless and until the Board of Directors has approved a specific transaction or such disclosure is otherwise appropriate.


About Amerix Precious Metals Corporation

Amerix Precious Metals Corp. is an Ontario company, managed by an experienced team, exploring for precious metals in Brazil. Amerix's objective is to create value for shareholders through the delineation and expansion of bedrock gold resources, and realization of value from placer and tailings gold resources at the Company's properties. Brazil has significant gold potential and is a proven mining-friendly country. Amerix will continue to seek exploration properties of merit via staking, acquisition or merger. The Company's shares trade on the TSX Venture Exchange under the symbol "APM" and at the Frankfurt Stock Exchange under the symbol "NJGN".


Neither the 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.

Disclosure Regarding Forward-Looking Statements: This press release contains certain "Forward-Looking Statements" within the meaning of applicable securities legislation. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX Venture Exchange and, among others, the Ontario Securities Commission as well as under the heading "Risk Factors" in the Management Discussion and Analysis.




Contact

Amerix Precious Metals Corp.
Steve Brunelle, President and Chief Executive Officer
647-260-0470
steve.brunelle@amerixcorp.com

Amerix Precious Metals Corp.
Dan Hamilton, Chief Financial Officer
647-260-0470
dan.hamilton@amerixcorp.com
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