Kobex Minerals Inc.

Kobex Minerals Inc.

November 09, 2011 09:30 ET

Kobex Appoints Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 9, 2011) - Kobex Minerals Inc. (the "Company") (TSX VENTURE:KXM)(NYSE Amex:KXM) is pleased to announce the appointment of Mr. Geoffrey Bach as Chief Financial Officer. Mr. Bach has forty years' experience in the mining industry, mostly with Placer Dome Inc., where he held a number of positions including Treasurer of its North American division. Subsequently, he worked for a number of junior mining companies in a variety of financial positions. Mr. Bach replaces Mr. Sam Yik who has resigned to pursue other interests.

The Company also announces pursuant to the Company's stock option plan, it has granted incentive stock options to directors, employees, and consultants of the Company for the purchase of a total of 432,500 common shares for a period of 5 years at a price of $0.80 per share.

The Company has also filed its unaudited consolidated financial statements for the nine months ended September 30, 2011 on www.sedar.com, and they are also available on the Company's website at http://www.kobexminerals.com.

On behalf of the Board of Directors


Alfred Hills, President and CEO

The TSX Venture Exchange and the NYSE AMEX have not reviewed and do not accept responsibility for the adequacy or accuracy of this news release.

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