On February 28, 2017, Bemax Inc. (the “Company”) entered into a Private Label Manufacturing Agreement (the “Initial Agreement”) with North American Diaper Company, LLC, a U.S. Corporation (the “Manufacturer”). to the Agreement, the Company will purchase, distribute and export disposable baby diapers produced by the manufacturer in a private labeled format in packaging not trademarked or registered by the manufacturer. This Initial Agreement relate to Mother’s Touch, one of the Company’s two private label brands. Both parties agreed to commence discussion relating to future collaborations and to enter into a comprehensive private label manufacturing and supplier’s agreement within ninety days of signing the Initial Agreement. The term of the Agreement is for 5 years with Five (5) ONE (1) year renewal options, or until terminated with mutual written consent of both parties.

About BEMAX INC. (OTCMKTS:BMXC)

Bemax Inc. is a development-stage company. The Company is focused on exporting and distribution of disposable baby diapers. It exports disposable baby diapers from the United States and Canada, and distributes them in London, and South Africa. The Company also exports from manufacturers from Asia and distributes to other parts of Africa. The Company offers disposable diapers range in size from Newborn to Size six, which accommodates an over 35 pounds (lbs) child. The normal size weight ranges are approximately 10 pounds: newborn; 8 to 15 pounds: Size 1-2; 16 to 28 pounds: Size 3; 22 to 37 pounds: Size 4; 27 plus pounds: Size 5, and over 35 pounds: Size 6.

BEMAX INC. (OTCMKTS:BMXC) Recent Trading Information

BEMAX INC. (OTCMKTS:BMXC) closed its last trading session down -0.0008 at 0.0340 with 41,017 shares trading hands.