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M&A / Property

Amex closes Abbotsford, Hepburn claim acquisition

By The Northwire Desk — AI Analysis Dec 17, 2025 · 05:09 AMX · 3.81 Amex Exploration Inc.
AMX · Price

Executive Summary

  • Amex Exploration Inc. has completed the acquisition of a 100% undivided interest in the Abbotsford and Hepburn projects in Ontario.
  • The acquisition consists of 324 non-contiguous mining claims totaling 8,392.92 hectares.
  • The transaction was finalized pursuant to an asset purchase agreement with an arm's-length vendor, previously announced on December 1, 2025.

Key Details

  • Target Assets: Abbotsford and Hepburn projects located in the Abbotsford and Hepburn townships, Ontario.
  • Asset Composition: 324 non-contiguous mining claims.
  • Total Area: 8,392.92 hectares.
  • Ownership Interest: 100% undivided interest.
  • Transaction Status: Closed/Completed.
  • Counterparty: Arm's-length vendor.
  • Agreement Date: Definitive asset purchase agreement previously announced on December 1, 2025.
  • Strategic Context: The acquisition expands Amex's land package. Combined with the Perron project (Quebec) and Perron West project, the consolidated district-scale land package spans 501.08 square kilometres.
  • Geology: The area is described as highly prospective for high-grade gold and volcanogenic massive sulphide (VMS) mineralization.
  • Infrastructure: Accessible by year-round road, 30 minutes from an airport, 6.5 km from Normetal, and near major gold producer process plants.

Notable Quotes

  • None provided in the text.
Read the original news release →

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