NEWS RELEASE TRANSMITTED BY Marketwired
FOR: Orex Minerals Inc.
TSX VENTURE SYMBOL: REX
MAY 9, 2014
Orex Grants Stock Options and Announces Change to Directors
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 9, 2014) - Orex Minerals Inc.
(TSX VENTURE:REX) ("Orex" ) announces that it has granted 200,000
incentive stock options to consultants and a director to purchase 200,000
shares in the capital of Orex at an exercise price of $0.25 per share and with
a five year term. The options will vest immediately.
Orex accepts the resignation today of director Joseph Drescher. Orex thanks Mr.
Drescher for his many years of service to the Company and wishes him the best
of luck in the future. Orex is also pleased to announce the appointment of
William Henry White as a new independent director. Harry White holds a BASc in
Metallurgical Engineering from UBC and an MBA from Harvard Business School.
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-Copper Project in Sinaloa, Mexico and the Jumping Josephine
Gold-Silver Project in British Columbia, plus the Coneto Gold-Silver Project in
Durango, Mexico, which is currently under option to Fresnillo PLC.
ON BEHALF OF THE BOARD OF DIRECTORS
Gary Cope, President
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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Orex Minerals Inc.
(604) 687-8566 x227
INDUSTRY: Manufacturing and Production - Mining and Metals
-0- May/09/2014 22:00 GMT
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