Vancouver, British Columbia--(Newsfile Corp. - August 30, 2021) - BMEX Gold Inc. (TSXV: BMEX) (FSE: 8M0) ("BMEX" or the "Company") is pleased to announce that it has amended its option agreements for its King Tut and Dunlop Bay properties. The remaining staged cash option payments of $300,000 under each agreement have been replaced with the issuance of 2,000,000 common shares for each agreement, for an aggregate issuance of 4,000,000 common shares. Upon the issuance of the shares, which is subject to the prior approval of the TSX Venture Exchange, the Company will have earned a full 100% interest in each property. When issued, the shares will be subject to a four-month hold period.

Mr. Robert Pryde, President of the Company, comments, "We are pleased to have consolidated our working interest on the King Tut and Dunlop Bay properties while retaining our working capital.

"We are currently working with our geoscience team at Laurentia to finalize our drilling program for the King Tut property with a view to commencing drilling operations in Q4 2021. With respect to Dunlop Bay we are initiating an extensive high resolution airborne Drone Magnetics survey, evaluating and integrating historical data sets in order to initiate a drilling program in Q1, 2022."

The Company also announced that it has granted 100,000 stock options to an officer of the Company exercisable at $0.18 per share for a period of five years.

About BMEX Gold Inc.

BMEX Gold Inc. is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdiction of Quebec, Canada. BMEX is currently fully focused on earning 100% interest in its two projects, both located in the prolific Abitibi greenstone belt:

• King Tut Project consists of 120 contiguous claims on 5,206 hectares
• Dunlop Bay Project consists of 76 mineral claims that cover 4,226 hectares

BMEX common shares trade under the symbol "BMEX" on the TSX-V and under the symbol 8M0 on the Frankfurt Exchange.

For further information please contact:

BMEX Gold Inc.
Dylan Sidoo, Business Development
Tel: 1 (604) 423 4499
Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

This news release contains "forward-looking statements" and "forward-looking information" (as defined under applicable securities laws), based on management's best estimates, assumptions, and current expectations. Such statements include but are not limited to, statements with respect to the plans for future exploration and development of the King Tut and Dunlop Bay properties and the acquisition of additional exploration projects. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts" , "anticipates" "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those expressed or implied by such statements, including but not limited to: risks related to the King Tut and Dunlop Bay projects; risks related to general economic conditions, actual results of current exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including gold; increases in market prices of mining consumables, possible variations in resource estimates, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of exploration, development or construction activities, changes in national and local government regulation of mining operations, tax rules and regulations, and political and economic developments in areas in which the Company operates. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The forward-looking statements and forward-looking information are made as of the date hereof and are qualified in their entirety by this cautionary statement. The Company disclaims any obligation to revise or update any such factors or to publicly announce the result of any revisions to any forward-looking statements or forward-looking information contained herein to reflect future results, events or developments, except as require by law. Accordingly, readers should not place undue reliance on forward-looking statements and information. Please refer to the Company's most recent filings under its profile at www.sedar.com for further information respecting the risks affecting the Company and its business.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94834

Vancouver, British Columbia--(Newsfile Corp. - August 30, 2021) - BMEX Gold Inc. (TSXV: BMEX) (FSE: 8M0) ("BMEX" or the "Company") is pleased to announce that it has amended its option agreements for its King Tut and Dunlop Bay properties. The remaining staged cash option payments of $300,000 under each agreement have been replaced with the issuance of 2,000,000 common shares for each agreement, for an aggregate issuance of 4,000,000 common shares. Upon the issuance of the shares, which is subject to the prior approval of the TSX Venture Exchange, the Company will have earned a full 100% interest in each property. When issued, the shares will be subject to a four-month hold period.

Mr. Robert Pryde, President of the Company, comments, "We are pleased to have consolidated our working interest on the King Tut and Dunlop Bay properties while retaining our working capital.

"We are currently working with our geoscience team at Laurentia to finalize our drilling program for the King Tut property with a view to commencing drilling operations in Q4 2021. With respect to Dunlop Bay we are initiating an extensive high resolution airborne Drone Magnetics survey, evaluating and integrating historical data sets in order to initiate a drilling program in Q1, 2022."

The Company also announced that it has granted 100,000 stock options to an officer of the Company exercisable at $0.18 per share for a period of five years.

About BMEX Gold Inc.

BMEX Gold Inc. is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdiction of Quebec, Canada. BMEX is currently fully focused on earning 100% interest in its two projects, both located in the prolific Abitibi greenstone belt:

• King Tut Project consists of 120 contiguous claims on 5,206 hectares
• Dunlop Bay Project consists of 76 mineral claims that cover 4,226 hectares

BMEX common shares trade under the symbol "BMEX" on the TSX-V and under the symbol 8M0 on the Frankfurt Exchange.

For further information please contact:

BMEX Gold Inc.
Dylan Sidoo, Business Development
Tel: 1 (604) 423 4499
Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

This news release contains "forward-looking statements" and "forward-looking information" (as defined under applicable securities laws), based on management's best estimates, assumptions, and current expectations. Such statements include but are not limited to, statements with respect to the plans for future exploration and development of the King Tut and Dunlop Bay properties and the acquisition of additional exploration projects. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts" , "anticipates" "plans", "anticipates", "believes", "intends", "estimates", "projects", "aims", "potential", "goal", "objective", "prospective", and similar expressions, or that events or conditions "will", "would", "may", "can", "could" or "should" occur. These statements should not be read as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those expressed or implied by such statements, including but not limited to: risks related to the King Tut and Dunlop Bay projects; risks related to general economic conditions, actual results of current exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including gold; increases in market prices of mining consumables, possible variations in resource estimates, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of exploration, development or construction activities, changes in national and local government regulation of mining operations, tax rules and regulations, and political and economic developments in areas in which the Company operates. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The forward-looking statements and forward-looking information are made as of the date hereof and are qualified in their entirety by this cautionary statement. The Company disclaims any obligation to revise or update any such factors or to publicly announce the result of any revisions to any forward-looking statements or forward-looking information contained herein to reflect future results, events or developments, except as require by law. Accordingly, readers should not place undue reliance on forward-looking statements and information. Please refer to the Company's most recent filings under its profile at www.sedar.com for further information respecting the risks affecting the Company and its business.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94833

Vancouver, British Columbia--(Newsfile Corp. - August 4, 2021) - BMEX Gold Inc. (TSXV: BMEX) (OTCQB: MRIRF) (FSE: 8M0) ("BMEX" or the "Company") is pleased to announce the details of its exploration plans for H2 of 2021 on its King Tut Property and Dunlop Bay Property. The company is fully funded for its 2021-2022 exploration programs.

King Tut

The project is located 65 km east of Amex Exploration's Perron Property (see Figure 1). BMEX completed an inaugural 4,500-metre drill program on King Tut during the first half of the year. Nearly every hole returned anomalous gold values related to quartz-carbonates veining indicating that a hydrothermal gold-bearing system is hosted on the property. Highlight hole TUT-21-018 assayed 81.89 g/t Au over 0.45 metres and targeted the western edge of the known gold bearing structure at King Tut which left almost 2 km of strike in the property to test westward. (see press release of June 14, 2021)

Figure 1: Location Map of King Tut property.

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/5785/91980_7027124b54293938_002full.jpg

July 2021

BMEX conducted a drone magnetic survey on the property as a follow up to the drill program. Data is currently being processed; detailed magnetic maps can be expected in the next 2 weeks.

August - September 2021

• Magnetic survey data processing, correlation with geological data from previous drill program and geological modelling to identify key drill targets in collaboration with Laurentia Exploration.
• Complete permitting for drill program.

October - November 2021

• Up to 3,000 metre drill program to commence on the identified targets.
• BMEX has secured a turn-key service for the drilling program (rig, geological and technical team).

December 2021 - January 2022

• Assay results from drill program expected.
• Three-dimensional geological modeling based on assay results and drill program planning for 2022.

Dunlop Bay

The Property is located immediately north of the Matagami Base Metals District, 15 km north-east from Glencore's Matagami Lake Mine Plant, processing zinc, copper, silver, and gold material from the Bracemac-McLeod Mine (see Figure 2 for the location of the property).

Q4 2021

• The company will review current data, conduct a drone magnetic survey and a field program, followed by data Integration and 3D geological modeling.
• Upon compilation of the data, a drill program will be finalized.

Figure 2: Location of Dunlop Bay property.

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/5785/91980_7027124b54293938_003full.jpg

Corporate Update

In addition, BMEX is pleased to announce the appointment of Robert Pryde as President and as a Director of the Company.

Mr. Pryde, is a seasoned geoscientist with over 38 years of experience in both the mining and energy exploration sectors having held various positions in both the junior mining and energy sectors, exploring for gold, base metals and diamonds, as well as hydrocarbons throughout Canada and the United States. During his career he has led and supported projects through various stages of exploration, from pre-discovery to development and production.

Mr. Pryde's appointment follows the departure of Mr. Warner Uhl, the Company's former CEO and Director. The Company would like to thank Warner and wishes him every success in his future endeavours.

In connection with Mr. Pryde's appointment, he has been granted 200,000 stock options exercisable at $0.19 per share for a period of five years.

About BMEX Gold Inc.

BMEX Gold Inc. is a junior Canadian mining exploration company with the primary objective to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdiction of Quebec, Canada. BMEX is currently fully focused on earning 100% interest in its two projects, both located in the prolific Abitibi greenstone belt:

• King Tut Project consists of 120 contiguous claims on 5,206 hectares
• Dunlop Bay Project consists of 76 mineral claims that cover 4,226 hectares

BMEX common shares trade under the symbol "BMEX" on the TSX-V and under the symbol "MRIRF" on the OTCQB and "8M0" on the Frankfurt Exchange.

For further information please contact:

BMEX Gold Inc.

Dylan Sidoo, Business Development

Tel: 1 (604) 423 4499

Email: [email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/91980