Orex Grants Stock Options and Announces Change to Directors
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 05/09/14 -- 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
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.
Orex Minerals Inc.
(604) 687-8566 x227
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