Ontex Resources Limited

Ontex Resources Limited

March 11, 2009 16:56 ET

Ontex Resources Limited Announces Appointment of New Chief Financial Officer

LONDON, ONTARIO--(Marketwire - March 11, 2009) - Ontex Resources Limited (TSX:ONT) is pleased to announce the appointment of George Harrison as Chief Financial Officer of the Company.

Mr. Harrison, a Certified Management Accountant, has public and private company experience. He most recently served as Vice President, Finance of Underlines Inc., a London, Ontario-based direct-sales company that does business as Optionelle. A graduate of McMaster University, Mr. Harrison previously served as Chief Financial Officer of Beta Brands Inc, a former publicly-traded company, and as Vice President, Finance of its principal operating subsidiary, which manufactured and distributed confectionery and baked goods.

"We are very pleased to have George join the Ontex management team," said Ontex Chairman & CEO Gary Conn. "He brings with him a variety of experiences and we look forward to his contributions to Ontex.

The appointment of Mr. Harrison comes as Peter Pistor has resigned his position to pursue other opportunities. "We would like to wish him the best in his future endeavours," added Mr. Conn.

About Ontex Resources Limited

Ontex Resource Limited is a junior resource company focused on gold exploration at its Brookbank Gold property in northern Ontario spanning a strike length of 35 kilometers. To date, diamond drilling has identified a structure of over 7 kilometers extending from surface to a depth of at least 600 meters. A NI 43-101 compliant resource stands at 372,900 ounces of Indicated and 321,800 ounces of Inferred resource. (See NI 43-101 compliant technical report - Technical Report Brookbank Gold Deposit, Beardmore - Geraldton Area, Northern Ontario dated April 28, 2006 - filed on Sedar.) The Company s common shares trade on the Toronto Stock Exchange under the symbol ONT.

Additional information is available on the Company s website at: www.ontexresources.com or www.agoracom.com/IR/Ontex.

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