Orex Exploration Inc.: Extension of the Delay to Close the Private Placement

MONTREAL, QUÉBEC--(Marketwired - July 10, 2014) - OREX EXPLORATION INC. (TSX VENTURE:OX) ("Orex" or "the Corporation") - The Corporation announces that it has extended to August 25, 2014 the proposed non-brokered private placement of units for a maximum amount of $500,000. Each unit will comprise one common share of the Corporation at a price of $0.05 and one whole common share purchase warrant, at an exercise price of $0.05 per share, valid for a three-year period. Insiders of the Corporation may subscribe for more than 25% of the offered units. The subscribed securities will be subject to a hold period of four months from the closing date. This private placement is subject to the final approval of the TSX Venture Exchange.

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