Vantex Resources Ltd.

Vantex Resources Ltd.

November 02, 2007 19:49 ET

Vantex Completes a $40,300 CAD Financing

LA PRAIRIE, QUEBEC--(Marketwire - Nov. 2, 2007) - Vantex Resources Ltd. (TSX VENTURE:VTX) is pleased to announce the completion of a non-brokered private placement for an amount of $40,300 with Mavrix AIC. The placement consists of the issuance of 310,000 common shares at a price of $0.13 per share. The new shares are subject to a four-month minimum hold period. This financing is subject to the approval of the TSX Venture Exchange.

A 6.5% cash finder's fee commission will be paid to Desjardins Securities Inc. for an amount of $2,619.50 CAD.

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

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