OREX ANNOUNCES GRANT OF OPTIONS

Vancouver, British Columbia, September 11, 2006

Orex Ventures Inc. ("Orex" or the "Company") – REX:TSX-V  Orex announces that it has granted options to certain of its directors, officers, consultants and employees to purchase a total of 1,205,000 shares at a price of $0.43 per share for a period of five (5) years ending September 11, 2011.  The options have been granted under the Company's existing stock option plan and are subject to vesting provisions contained in the Company's stock option plan.                    

The Company has also extended the term of a director's option entitling him to purchase 100,000 shares in the Company, for an additional term (Joseph Drescher – until November 2, 2009), bringing the new expiry date of his options to November 2, 2009 being five (5) years from the date of the original grant.  The Company will seek disinterested shareholder approval of such amendment at its upcoming annual general meeting, in accordance with the requirements of the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF DIRECTORS

"Gary Cope"

Gary Cope, President

Orex Ventures Inc.

Orex is a junior mineral exploration company comprised of highly qualified mining professionals with a current focus on the exploration of prospective gold and gold-silver properties in northern Peru.  Management is actively engaged in the acquisition of new properties in South America. For more information visit www.orexgold.com, call (604) 684-4691 or email info@orexgold.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.