Vantex Resources Ltd.

Vantex Resources Ltd.

December 19, 2007 19:11 ET

Vantex Raises $130,000 CAD

LA PRAIRIE, QUEBEC--(Marketwire - Dec. 19, 2007) - Vantex Resources Ltd. - (TSX VENTURE:VTX) is pleased to announce the completion of a $130,000 non-brokered financing. The Company will issue a total of 693,334 flow-through shares and 173,333 common shares of the Company at a price of $0.15 per share and a total of 433,333 warrants. Each warrant is valid for the purchase of one additional share of the Company at a price of $0.18. The warrants will be exercisable for 12 months after the closing. These shares are subject to a 4-month minimum hold period and the financing is subject to the approval of the TSX Venture.

One insider participated for an amount of $25,000.

In connection with the private placement, a cash commission will be paid out to Societe de Gestion Morisco Ltee, a non-related party, for an amount of $5,600.

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

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