APM Andean Precious Metals Corp

Amerix Precious Metals Corporation (TSX VENTURE:APM)(FRANKFURT:NJGN) ('Amerix'
or 'the Company') provides the following corporate update.


The Company reports that it continues to seek a strategic partner for its Limao
Gold Property located in the Tapajos region of Brazil. Difficult financial
markets for junior resource exploration companies have made continuation of the
Company's exploration efforts at Limao challenging.


Amerix has contacted many companies that have expressed interest in the Limao
project, however many of these parties are experiencing the same financial
constraints as is Amerix. 


Amerix has reduced its ongoing costs to persevere through these difficult
circumstances and will continue to seek a viable strategy to create value at its
Brazilian assets. At the last shareholders' meeting, shareholders voted to allow
the Company to consolidate its' share capital for the purpose of facilitating a
future financing at a time when the market will support such an event. 


The Company also announces that Mr. William Whitehead has tendered his
resignation as Director of the Company. We thank him for his years of valuable
service to the Company and its shareholders.


About Amerix Precious Metals Corporation

Amerix Precious Metals Corporation is an Ontario company, managed by an
experienced team, exploring for precious metals in Brazil. Amerix continues to
seek exploration properties of merit via staking, acquisition or merger. The
Company's shares trade on the TSX Venture Exchange under the symbol "APM" and at
the Frankfurt Stock Exchange under the symbol "NJGN".


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. 


Disclosure Regarding Forward-Looking Statements: This press release contains
certain "Forward-Looking Statements" within the meaning of applicable securities
legislation. All statements, other than statements of historical fact, included
herein are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations are disclosed in
the Company's documents filed from time to time with the TSX Venture Exchange
and, among others, the Ontario Securities Commission as well as under the
heading "Risk Factors" in the Management Discussion and Analysis.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Amerix Precious Metals Corporation
Steve Brunelle
President and Chief Executive Officer
647-260-0470
steve.brunelle@amerixcorp.com


Amerix Precious Metals Corporation
Dan Hamilton
Chief Financial Officer
647-260-0470
dan.hamilton@amerixcorp.com
www.amerixcorp.com

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