EurOmax announces $1.5 million financing



    VANCOUVER, July 9 /CNW/ - EurOmax Resources Limited (TSX-V: EOX)
announces that it has arranged a non-brokered Private Placement financing of
3 million Units at $0.50 per Unit for gross proceeds of $1,500,000. Each Unit
will consist of one Common Share and one Warrant to arms length investors. Two
Warrants will entitle the holder to purchase one Common Share at a price of
$0.60 for 24 months following the Closing Date. The Closing Date is expected
to be July 29, 2008.
    The net proceeds of the Common Shares shall be used for general corporate
purposes and development of the Company's mineral properties in Southeast
Europe. The Common Shares issued will be subject to a 4-month hold period, and
the Private Placement is subject to regulatory approval.

    The TSX Venture Exchange does not accept responsibility for the adequacy
    or accuracy of this release.

    On Behalf of the Board of Directors

    "John C. Menzies"
    Chairman and CEO

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    EurOmax Resources Limited is listed on TSX Venture Exchange Symbol: EOX
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For further information:

For further information: www.euromaxresources.com; Investor Relations:
David Stothard, T: (347) 284-0062, d.stothart@euromaxresources.com


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