Vantex Resources Ltd.
TSX VENTURE : VTX

Vantex Resources Ltd.

February 25, 2008 09:20 ET

Vantex Raises $258,000 CAD

LA PRAIRIE, QUEBEC--(Marketwire - Feb. 25, 2008) - Vantex Resources Ltd. (TSX VENTURE:VTX) is pleased to announce the completion of a $258,000 non-brokered financing. The Company will issue a total of 1,290,000 flow-through shares and 322,500 common shares of the Company at a price of $0.16 per share and a total of 806,250 warrants. Each warrant is valid for the purchase of one additional share of the Company at a price of $0.20. The warrants will be exercisable for 12 months after the closing. These shares are subject to a 4-month minimum hold period and the financing is subject to the approval of the TSX Venture.

In connection with the private placement, a cash commission will be paid out to Francois Simard, a non-related party, for an amount of $25,800.

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

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