EurOmax arranges $100,000 loan

About this update from Euromax Resources Ltd.

[{"type":"text","content":"\n\n\n\nVANCOUVER, May 4 /CNW/ - EurOmax Resources Limited (TSX-V: EOX)\n("EurOmax") announces that is has obtained an unsecured loan (the "Loan") in\nthe amount of $100,000 from an individual lender (the "Lender"). The Company\nshall use the Loan for general working capital purposes. The Loan is evidenced\nby a promissory note issued to the Lender. The Loan matures on April 30, 2010\nand will accrue interest at a rate of 20% per annum. Interest payments are due\nquarterly in arrears. The Company has the option to repay the Loan at any\ntime.\n\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\nor accuracy of this release.\n\nOn Behalf of the Board of Directors\n\n"John C. Menzies"\nChairman and CEO\n\n-------------------------------------------------------------------------\nEurOmax Resources Limited is listed on TSX Venture Exchange Symbol: EOX\n-------------------------------------------------------------------------\n\n\n","length":1067,"tagName":"div"}]

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