Orex Announces Private Placement
Orex Minerals Inc. announces that it is undertaking a non-brokered private placement for gross proceeds of up to approx. $5,000,000. The Offering consists of up to 10,000,000 units at a price of $0.50 per unit, with each unit consisting of one common share and one-half of one share purchase warrant. Each whole warrant is exercisable for one common share at a price of $0.75 for a period of two years from closing of the Offering, which Orex expects to be on or about August 31, 2012.









