Kobex Resources Ltd.
TSX VENTURE : KBX

Kobex Resources Ltd.

October 10, 2008 13:03 ET

Court Rules in Favor of Kobex

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 10, 2008) - Kobex Resources Ltd. (Kobex) (TSX VENTURE:KBX) announces that the Supreme Court of British Columbia on October 8, 2008 dismissed the claims made by Mosquito Consolidated Gold Mines ("Mosquito") for further payments in cash and shares under the Amended Option Agreement concerning the Cumo project in Idaho.

Kobex acknowledged that it was prepared to pay the sum of US $20,000 together with interest to Mosquito and the Court ordered Kobex to pay this amount. Kobex will be pursuing court costs as a result of being successful on the issues in dispute in the action.

On behalf of the Board of Directors

H. Leo King, President

This news release includes certain statements that express management's expectation or estimates of future performance and may be deemed "forward-looking statements". These forward-looking statements involve assumptions, risks and uncertainties and actual results may vary materially. For these reasons shareholders should not place undue reliance on such forward-looking information.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this News Release.

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