Vantex Resources Ltd.

Vantex Resources Ltd.

July 08, 2009 16:28 ET

Vantex Completes a $180,000 Flow Through Financing

LA PRAIRIE, QUEBEC--(Marketwire - July 8, 2009) - Vantex Resources Ltd. (the "Company") (TSX VENTURE:VTX) is pleased to announce the completion of a $180,000 non-brokered financing. The Company will issue 180 units at a price of $1,000 per unit. Each unit includes 10,000 flow through common shares of the Company and 2,500 common shares of the Company at a price of $0.08 per share and 6,250 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 12 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, a cash commission of $18,000 will be paid out to an arm's length individual.

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

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