LONDON, United Kingdom, March 8, 2013 /CNW/ – Investec Bank plc
(“Investec”) reports that on March 7, 2013, Investec acquired 9,259,259
common shares (the “Common Shares”) of Euromax Resources Ltd.
(“Euromax”) pursuant to a private placement of Euromax, at a price of
$0.54 per Common Share (the “Private Placement”). The Common Shares
acquired by Investec pursuant to the Private Placement represent
approximately 10.9% of the issued and outstanding common shares of
Euromax.

Investec did not own any securities of Euromax prior to the Private
Placement.

The Common Shares were acquired for investment purposes. Investec will
evaluate its investment in Euromax from time to time and may, based on
such evaluation of market conditions and other circumstances, increase
or decrease shareholdings in Euromax as circumstances require. No
person is acting jointly or in concert with Investec in connection with
the purchase of the Common Shares.

This press release is issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also requires a report to be filed with regulatory authorities
in each of the jurisdictions containing additional information with
respect to the foregoing matters (the “Early Warning Report”). For
further information and to obtain a copy of the Early Warning Report
filed under applicable Canadian securities laws in connection with the
transactions hereunder, please see Euromax’s profile on the SEDAR
website www.sedar.com.

SOURCE Investec Bank Plc