AuEx Ventures, Inc.

AuEx Ventures, Inc.

October 18, 2010 17:08 ET

ISS Proxy Advisory Services and Glass Lewis & Co. Recommend AuEx Shareholders Vote in Favour of Plan of Arrangement With Fronteer Gold

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 18, 2010) - AuEx Ventures, Inc. ("AuEx" or the "Company") (TSX:XAU) announced today that ISS Proxy Advisory Services (formerly Riskmetrics) and Glass Lewis & Co., leading providers of proxy research who provide advice and voting recommendations to many larger financial institutions, have each published a report recommending that their subscribers vote "FOR" the special resolution approving the plan of arrangement pursuant to which Fronteer Gold Inc. will acquire all of the issued and outstanding common shares of AuEx (the "Arrangement").

"We are pleased to have received positive recommendations in favour of the plan of arrangement from independent sources including ISS and Glass Lewis," said Ronald L. Parratt, President and CEO of AuEx.

An Annual and Special Meeting of the shareholders of AuEx will be held at the offices of Getz Prince Wells LLP in Vancouver at 9:00 a.m. (Vancouver time) on Friday, October 29, 2010 to consider the proposed Arrangement. Shareholders are urged to carefully read the information circular mailed to them in connection with the proposed Arrangement. Proxies must be received no later than 9:00 a.m. (Vancouver time) on October 27, 2010. Shareholders who have questions regarding the contents of the information circular or require assistance in completing their proxy forms are urged to contact AuEx or AuEx's proxy solicitation agent, The Laurel Hill Advisory Group toll-free at 1-877-304-0211.

AuEx Ventures, Inc.

Ronald L. Parratt, President and Chief Executive Officer

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