Amerix Precious Metals Corp (fka APM)

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Amerix Precious Metals Appoints New Director and Officer, and Grants Options
Feb. 8, 2011 (TheNewswire.ca) --

Amerix Precious Metals Corporation (TSX Venture: APM, Frankfurt: NJG) is pleased to announce that Mr. Steve Brunelle has been appointed to Board of Directors of the Company, and Mr. Ryan Grywul has joined the Company as Vice President, Corporate Development. Mr. Brunelle joined Amerix as President and Chief Executive Officer on January 25, 2011. Mr. Grywul is an exploration geologist, graduating in 2001 from the University of Alberta where he was awarded the Shell Canada scholarship and the Thomas Payne Memorial Prize in Economic Geology. Mr. Grywul has 10 years experience in mineral exploration, which includes managing projects ranging from grass roots to advanced exploration. He also has experience in generating projects in Canada and internationally. Mr. Grywul has worked with public and private companies, including Taseko Mines (AMEX:TGB) (TSX:TKO) , AM Gold (TSXV:AMG) , Duran Ventures (TSXV:DRV) , and Commerce Resources. (TSXV:CCE)

The Company also announces that a total of 2,000,000 options to purchase common shares of the Company have been granted to a director and officer, an officer, and consultants at an exercise price of $0.125 per share, expiring on February 8, 2013. The grant is subject to regulatory approval.

About Amerix Precious Metals Corporation (TSXV:APM)

Amerix Precious Metals Corporation is an Ontario company 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 enormous gold potential and is a proven mining-friendly country and Amerix will continue to pursue further exploration properties of merit via staking, acquisition or merger. The Corporation's shares trade on the TSX Venture Exchange under the symbol "APM" and at the Frankfurt Stock Exchange under the symbol "NJG."

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 Corporation's expectations are disclosed in the Corporation'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.

For further information, please contact:

Amerix Precious Metals Corporation

Jeffrey Reeder Dan Hamilton

Chairman Chief Financial Officer

Phone: [phone] Phone: [phone]

[e-mail] [e-mail]