Euromax Resources fka EOXFF

[Tackler]

Euromax buys Stockley's interest in Bulgarian claims

2007-06-20 07:20 MT - News Release

Mr. John Menzies reports

EUROMAX GRANTS OPTIONS; ACQUIRES NET PROFITS INTEREST ON BULGARIAN PROPERTIES

Euromax Resources Ltd., subject to regulatory approval and the terms of its stock option plan, has granted directors, officers and employees stock options to purchase 1.05 million shares exercisable for a period of five years at a price of 72 cents per share.

Euromax has also entered into an agreement, subject to regulatory approval, with John Stockley to acquire his 2.5-per-cent net profit interest in all of the company's Bulgarian properties for 250,000 common shares of Euromax.