AMEX Grants to Bowmore an Option to Acquire 50% Interest for 1 Million $ in its Nueva Escondida Property in Mexico

AMEX Exploration Inc. (TSX VENTURE:AMX) announced that it has signed an option agreement with Bowmore Exploration Inc (BOW: TSX-V) in which Bowmore may acquire a 50% interest in the Nueva Escondida property from Minerales X-ORE S.A. de C.V. a Mexican mining corporation subsidiary of Amex Exploration inc in the State of Sonora, Mexico.

The press release is quoted as saying:

Minerales X-ORE S.A. de C.V. was obtained from Blue Note Mining Inc. by the acquisition of all the outstanding shares of X-Ore International Inc as disclosed on press release dated March 18, 2010.

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