Mr. Philip Garrett Clayton

December 13, 2013 09:25 ET

Philip Garrett Clayton Announces Acquisition of Starrex Securities

TORONTO, ONTARIO--(Marketwired - Dec. 13, 2013) - Mr. Philip Garrett Clayton (the "Offeror") is pleased to announce that he has acquired a total of 2,133,336 common shares (the "Common Shares") in the capital of Starrex Mining Corporation Ltd. ("Starrex") (at a price of $0.25 per Common Shares).

As a result of this acquisition, the Offeror now owns or controls 2,133,336 Common Shares representing approximately 26.28% of the issued and outstanding Common Shares.

The Offeror has acquired the securities for investment purposes and has no present intention of acquiring additional securities of Starrex. Depending upon his evaluation of the business, prospects and financial condition of Starrex, the market for Starrex's securities, general economic and tax conditions and other factors, the Offeror may acquire more or sell some or all of his securities of Starrex.

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