Vantex Resources Ltd.
TSX VENTURE : VTX

Vantex Resources Ltd.

September 04, 2009 13:06 ET

Vantex Completes a $170,000 Flow Through Financing

LA PRAIRIE, QUEBEC--(Marketwire - Sept. 4, 2009) - Vantex Resources Ltd. (the "Company") (TSX VENTURE:VTX) is pleased to announce the completion of a $170,000 non-brokered financing. The Company will issue 170 units at a price of $1,000 per unit. Each unit includes 16,000 flow through common shares of the Company and 4,000 common shares of the Company at a price of $0.05 per share and 20,000 common share purchase warrants. Each warrant entitles its holder to purchase one common share of the Company at the purchase price of $0.10 per common share at any time 24 months after the closing date. These shares are subject to a 4-month minimum hold period and the financing is subject to the approval of the TSX Venture.

In connection with the private placement, cash commissions of $13,000 and $500 will be paid out to 2 arm's length individuals.

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

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