Vancouver, B.C. – Orex Minerals Inc. – (REX: TSX-V) (“Orex“) announces that it has granted an aggregate of 2,950,000 incentive stock options to directors, officers, and consultants to purchase up to 2,950,000 common shares in the capital of Orex. The incentive stock options have an exercise price of $0.17 per share, expire five years from the date of grant and vest immediately. As a result of this option grant, Orex has 10,730,000 stock options issued, representing 9.5% of the issued and outstanding share capital.
ABOUT OREX MINERALS INC.
Orex Minerals Inc. (TSX-V: REX) is a Canadian-based junior exploration company comprised of highly qualified mining professionals. Orex has several current projects: the Coneto Gold-Silver Project in Durango, Mexico, a joint venture with Fresnillo PLC, the Jumping Josephine Gold-Silver Project in British Columbia, Canada, and the Sandra Escobar Silver Project in Durango, Mexico, with Canasil Resources Inc.