Amex Exploration Inc. (TSXV:AMX) announced a non-brokered private placement of 13,333,300 common shares at a price of CAD 0.09 per share for gross proceeds of CAD 1,199,997 on January 23, 2017. The securities issued are subject to a hold period of four months and one day from the date of closing. The transaction is subject to the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange.