Oremex Silver Provides Corporate Update

TORONTO, ONTARIO--(Marketwired - Dec. 2, 2013) -

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES

Oremex Silver Inc. (TSX VENTURE:OAG)(PINKSHEETS:ORAGF)(FRANKFURT:OSI) ("Oremex" or the "Company") announces that it has received a copy of a notice of application from Concept Capital Management Inc. (CCM) which was filed in the Superior Court of Ontario and which seeks a declaration affirming the results of a meeting held by CCM on November 26, 2013 or, in the alternative, that the annual shareholders meeting of the Company scheduled for December 31, 2013 be conducted in a prescribed manner.

In response to the application, the Company has retained counsel, met to consider the application as well as the relief sought by the applicants and stated that it will respond in due course to the application with a view to the best interests of the Company, including a consideration of the response to certain of the allegations and recent actions by CCM.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.