Canamex Announces Cdn $ 194,231 Debt Settlement

Canamex Resources Corp./ TheNewswire / September 8, 2015 (TSX-V: CSQ) (FSE: CX6) announces that it has negotiated the settlement with certain creditors for outstanding debt in the aggregate amount of Cdn$194,231 (the "Debt"), subject to acceptance by the TSX Venture Exchange ("TSX-V").

In accordance with TSX-V Policies, the Debt will be settled as follows:

• -.a total of 2,287,675 common shares will be issued to non arms'-length creditors at a deemed price of Cdn$0.05 per share; and

• -.a total of 1,596,951 Units will be issued to an arm's-length creditor at a deemed price of Cdn$0.05 per Unit, each Unit being comprised of one common share and one warrant, each warrant being exercisable at Cdn$0.07 per share for a period of five (5) years from the date of issuance.

Two (2) Insiders (the "Related Parties") will directly and/or indirectly acquire an aggregate of 2,287,675 Shares from the Debt Settlement, which will increase those Related Parties' pro rata shareholdings in the Company (the "Related Party Transaction"). All of the independent directors of the Company, acting in good faith, have determined that the fair market value of the securities being issued and the consideration paid is reasonable and is exempt from the formal valuation and minority shareholder approval requirements of Multilateral Instrument 61-101.

"The settlement of these debts will allow Canamex to reach the US$6,000,000 threshold in order to trigger the formal joint venture on the Bruner Gold Property in Nye County, Nevada," stated Mark Billings, CEO of Canamex Resources Corp. "Upon completion of this shares-for-debt transaction, we will be notifying Provex Resources Inc. that we have incurred the necessary qualifying expenditures to meet that threshold. At that time, Canamex will no longer have an option on the Bruner Gold Property but will rather have a 70% interest in the Bruner Gold Property, with Provex Resources Inc. having the remaining 30%. The management of Canamex is very pleased to reach this significant milestone in our corporate development."

On behalf of the Board of Directors

SIGNED: "Mark Billings"

Mark Billings, CEO

Contact: (514) 296-1641

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.

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