	NEWS RELEASE
Trading Symbols: TSXV:SXG or OTCBB:SMXMF No. 7-05 August 31, 2005
EXTENSION OF WARRANT TERM
SAMEX is applying to the TSX Venture Exchange to extend the term of warrants exercisable for the purchase of 304,500 shares at a price of $0.40 per share. The warrants were originally issued with a two year term expiring September 15, 2005. The Company is making application to extend the term of the warrants for a period of one year until September 15, 2006. Warrants for the purchase of 247,500 of the shares are held by directors of SAMEX.
Jeffrey P. Dahl, President The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.