Prominex Resource Corp.
TSX VENTURE : PXR

Prominex Resource Corp.

November 26, 2007 13:44 ET

Prominex Closes 2nd Tranche of Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 26, 2007) - Prominex Resource Corp. (TSX VENTURE:PXR) announced today that it has received final acceptance from the TSX Venture Exchange for the 2nd and final Tranche of the private placement announced October 9, 2007. The 2nd tranche is being closed for 8,000,000 units at a price of $0.10 per unit for total proceeds of $800,000.00. Each unit consists of one common share and one share purchase warrant entitling the holder to purchase an additional common share at $0.13 for 18 months.

ON BEHALF OF THE BOARD OF DIRECTORS:

Lorne King, President and CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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