ZEOX Corporation
TSX VENTURE : ZOX

ZEOX Corporation

November 18, 2008 12:47 ET

CORRECTION FROM SOURCE: ZEOX Closes CDN$500,000 Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 18, 2008) - A correction from source is issued with respect to the news release that was disseminated for ZEOX Corporation (TSX VENTURE:ZOX) today at 9:01 AM ET. There are a few revisions to the release. The corrected release follows:

Mr. LuVerne Hogg, President and CEO of ZEOX (The "Company" or "ZEOX") announces that the Company is pleased to announce that it has completed the non-brokered private placement of 666,666 Units at a price of $0.75 per Unit for gross proceeds of $500,000 as previously announced on October 2, 2008 and November 12, 2008. Each Unit consists of one common share of the Company and one common share purchase warrant. Each warrant is exercisable into one common share of the Company at a price of $1.00 per common share for a period of six months ending May 17, 2009.

All the securities issued in connection with this private placement are subject to a four-month hold period expiring March 18, 2009. The proceeds of this private placement are intended to be used for general working capital and the continuing development of the Company's Butte, Montana production facilities.

For a more complete business and financial profile of the Company, management encourages interested parties to view the Company's documents posted on sedar.com.

On behalf of the Board of Directors

LuVerne Hogg, President & Chief Executive Officer

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

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