Reflects Information That Constitutes a Substantive Change From or Addition to the Information Set Forth in the Last Offering Circular (253g2)

OFFERING CIRCULAR SUPPLEMENT NO. 3 DATED March 24, 2023

(TO THE OFFERING CIRCULAR DATED December 7, 2022 AND QUALIFIED ON December 9, 2022)

BEMAX, INC.

(Exact name of registrant as specified in its charter)

Date: March 24, 2023

Nevada

5190

46-5540812

(State or Other Jurisdiction

of Incorporation)

(Primary Standard Classification
Code)

(IRS Employer

Identification No.)

625 Silver Oak Drive
Dallas, Georgia 30132

Telephone: 404-480-8372

(Address, including zip code, and telephone number,
including area code, of registrant’s principal executive offices)

www.bemaxinc.com

EXPLANATORY NOTE

This document (the "Supplement") supplements and should be read in conjunction with the offering circular of Bemax, Inc. (the "Company," "we," "us," or "our") dated December 7, 2022 and qualified by the Commission on December 9, 2022 ("Offering Circular").

The purpose of this Supplement is to disclose that we have determined to set the fixed offering price at $0.0086 per share. We will have approximately 1,583,301,534 common shares issued and outstanding if we sell all of the shares we are offering at the offering price.

OFFERING CIRCULAR SUPPLEMENT DATED March 24, 2023

UP TO A MAXIMUM OF 1,000,000,000 SHARES OF COMMON STOCK