Orex Minerals Inc.
("Orex" or the "Company") -- REX:TSX-V Orex announces that it has granted options to a consultant to purchase a total of 300,000 shares at a price of $0.15 per share for a period of two (2) years ending July 17, 2011. The options have been granted under the Company's existing stock option plan and are subject to vesting provisions applicable to consultants providing investor relations activities contained in the Company's stock option plan.
About Orex Minerals Inc.
Orex Minerals Inc. is a junior mineral exploration company comprised of highly qualified mining professionals with a focus on the exploration of prospective gold and gold-silver properties in Mexico.
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. Orex relies upon litigation protection for forward-looking statements.
"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."