TSXV: EOX
www.euromaxresources.com
VANCOUVER, BC, Oct. 27, 2025 /CNW/ - Euromax Resources Ltd. (TSXV: EOX): ("Euromax" or the "Company") announces that Maciej Sciazko has been appointed to the Board of Directors as Non Executive Director. He serves as Head of Mining Operations for the Trafigura Group and has two decades of experience across the globe.
In his current role at Trafigura, Maciej oversees Trafigura's global mining portfolio which consists of multiple JV and wholly owned mining assets. Maciej has a proven track record of executing multi-billion dollar capital projects and creating sustainable value across operations in five continents, with experience in navigating complex regulatory, financial and political environments.
Tim Morgan-Wynne, Executive Chairman, stated: "We are very pleased to welcome Maciej to the Board. He brings broad experience of both construction and operating assets in multiple jurisdictions which will be invaluable to the development of the Ilovica-Shtuka Project."
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
About Euromax Resources Ltd.
Euromax has a major development project in North Macedonia and is focused on building and operating the Ilovica-Shtuka gold-copper project.
About Trafigura Group
Trafigura is a leading commodities group, owned by its employees and founded over 30 years ago. At the heart of global supply, Trafigura connects vital resources to power and build the world. It deploys infrastructure, market expertise and our worldwide logistics network to move oil and petroleum products, metals and minerals, gas and power from where they are produced to where they are needed, forming strong relationships that make supply chains more efficient, secure and sustainable. Trafigura invests in renewable energy projects and technologies to facilitate the transition to a low-carbon economy, including through MorGen Energy and joint venture Nala Renewables.
The Trafigura Group also comprises industrial assets and operating businesses including multi-metals producer Nyrstar, fuel storage and distribution company Puma Energy, the Impala Terminals joint venture and Greenergy, supplier and distributor of transportation fuels and biofuels. The Group employs over 13,000 people, of which over 1,400 are shareholders and is active in over 150 countries.
In the six months to 31 March 2025, Trafigura generated Group Revenue of over US$119 billion and US$1.5 billion of Net Profit. As at 31 March 2025, the Trafigura Group had total Group Equity of over US$16 billion, and had immediate access to available cash and unutilised committed corporate credit facilities of US$13.5 billion.
Forward-Looking Information and Cautionary Language
This news release contains statements that are forward-looking, such as those relating to the Company's funding requirements and use of proceeds from the Promissory Note. Forward-looking statements are frequently characterised by words such as "plan", "expect", "project", "intend", "believe", "anticipate" and other similar words, or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the opinions and estimates of management at the dates the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. This information is qualified in its entirety by cautionary statements and risk factor disclosure contained in filings made by the Company, including its annual information form for the year ended December 31, 2024 and financial statements and related MD&A for the financial years ended December 31, 2024 and 2023, as well as the unaudited condensed consolidated interim financial statements for the three and six months ended June 30, 2025 and 2024 and the related MD&A for the three and six months ended June 30, 2025 and 2024 along with the accompanying MD&As, filed with the securities regulatory authorities in certain provinces of Canada and available on SEDAR+ at sedarplus.ca. The forward-looking statements contained in this document are as of the date of this document and are subject to change after this date. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. Euromax disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless required by applicable law.
This news release shall not constitute an offer to sell or a solicitation of any offer to buy any securities, nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities referenced herein have not been, nor will they be, registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), and such securities may not be offered or sold within the United States absent registration under the U.S. Securities Act or an applicable exemption from the registration requirements thereunder.
SOURCE Euromax Resources Ltd.
For more information, please visit www.euromaxresources.com or contact: Tim Morgan-Wynne, Executive Chairman, +44 20 3918 5160, tmorganwynne@euromaxresources.com
