Orex Closes $5,000,000 in Financings in March

NEWS RELEASE TRANSMITTED BY Marketwired 
FOR: Orex Minerals Inc. 
TSX VENTURE SYMBOL:  REX 
MARCH 31, 2014 
Orex Closes $5,000,000 in Financings in March 
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 31, 2014) -  
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES 
Orex Minerals Inc. - (TSX VENTURE:REX) ("Orex" or the
"Company") is pleased to announce that it has closed another private
placement, issuing 1,342,000 units of the Company (the "Units") at a
price of $0.25 per Unit for aggregate gross proceeds of $335,500, which brings
the combined total raised in March to $5,000,000 with all financings. Each Unit
consists of one common share and one half of a common share purchase warrant.
Each whole warrant will be exercisable for one common share of the Company at
$0.30 for a period of 24 months from closing, expiring March 31, 2016. The
shares sold in the placement and warrants comprising the Units and any shares
issued upon the exercise of the warrants are subject to a hold period which
expires on August 1, 2014.  
Orex intends to use the net proceeds from this placement for continued
exploration and development of its Los Crestones Property located in Sinaloa,
Mexico and for general corporate and working capital purposes.  
A total of 92,677,199 common shares of the Company are outstanding following
the closing of this private placement. In consideration for services in
connection with the private placement, Orex paid M Partners Inc. $23,485, plus
a broker's warrant exercisable until March 31, 2016 for 93,940 shares at a
price of $0.25 per share. 
The Units have not been and will not be registered under the U.S. Securities
Act of 1933, as amended, or any state securities laws and may not be offered or
sold in the United States or to U.S. Persons absent registration or an
applicable exemption from registration. This press release is not an offer or a
solicitation of an offer of securities for sale in the United States, nor will
there be any sale of the securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful. 
ON BEHALF OF THE BOARD OF DIRECTORS  
Gary Cope, President  
ABOUT OREX MINERALS INC.  
Orex Minerals Inc. (TSX VENTURE:REX) is a Canadian-based junior exploration
company comprised of highly qualified mining professionals. The Company has
several current projects: the Barsele Gold Project in Sweden, the Los Crestones
Gold-Silver Project in Sinaloa, Mexico, the Persistence Gold-Copper Project and
Jumping Josephine Gold-Silver Project in British Columbia, and the Coneto
Gold-Silver Project in Durango, Mexico, which is currently under option to
Fresnillo PLC. 
FORWARD-LOOKING INFORMATION  
This News Release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements and Orex undertakes no obligation to update such statements, except
as required by law. 
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release. 
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FOR FURTHER INFORMATION PLEASE CONTACT: 
Orex Minerals Inc.
(604) 687-8566 X227
info@orexminerals.com
www.orexminerals.com 
INDUSTRY:  Manufacturing and Production - Mining and Metals 
SUBJECT:  FNC 
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