Euromax Announces Closing of Issuance of Securities to EBRD in Connection with Partial Repayment of Debt

VANCOUVER, BC, March 19, 2026 – TheNewswire - Euromax Resources Ltd. (TSXV: EOX): (" Euromax " or the " Company ") , announces that further to its news release dated February 26, 2026, it has today completed the issuance of 25,539,333 common shares in the capital of the Company (the “ Common Shares ”) to the European Bank for Reconstruction and Development (“ EBRD ”) pursuant to the debt settlement agreement entered into between the Company and EBRD on February 26, 2026 (the “ DSA ”) to settle a portion of the outstanding debt owing to EBRD under the convertible loan agreement entered into by the Company and EBRD on April 29, 2016 (as amended from time to time, the “ Loan Agreement ”). The Common Shares were issued at a deemed offering price of C$0.045 per Common Share (collectively, the “ Transaction ”). Pursuant to the DSA, the Company agreed to issue the Common Shares to repay C$1,149,270 to EBRD, representing the amount owed to EBRD under the Loan Agreement in connection with the completion of the private placement financing initially announced by the Company on December 15, 2025 and completed in two tranches, on December 30, 2025 and January 7, 2026 (the “ Private Placement ”), as well as the two promissory notes issued by the Company on April 30, 2025 and September 29, 2025 (collectively, the “ Notes ”).