Vantex Resources Ltd.
TSX VENTURE : VTX

Vantex Resources Ltd.

September 16, 2009 15:53 ET

Vantex Proposes a Share Consolidation to its Shareholders

LA PRAIRIE, QUEBEC--(Marketwire - Sept. 16, 2009) - Vantex Resources Ltd. (TSX VENTURE:VTX) (the "Company") will seek shareholder approval at its Special meeting of shareholders to be held on November 10, 2009, to consolidate its common shares at a ratio of one (1) new share for each tranche of six (6) outstanding common shares. In order to be effective, the consolidation resolution must be approved by at least two third of the shareholder votes cast at the Meeting and be accepted by the TSX Venture Exchange.

Management believes that having less shares outstanding will facilitate the future financings necessary to continue the development of the Company. Vantex now has 85,699,309 common shares outstanding. If the consolidation is approved, the Company will have approximately 14,283,218 common shares outstanding. The Company will not change its name but would have a new stock symbol.

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

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