Vantex Resources Ltd.

Vantex Resources Ltd.

August 02, 2011 11:44 ET

Vantex Receives $1,060,012 From Exercise of Warrants

LA PRAIRIE, QUEBEC--(Marketwire - Aug. 2, 2011) - The management of Vantex Resources Ltd. (TSX VENTURE:VAX)(FRANKFURT:UD7A)(ALPHA:VAX) announces that it received $1,060,012 during the last two months, following the exercise of 7,066,750 warrants. The exercise price of the warrants was $0.15 and expired at the end of July 2011.

M. Robert R. McEwen exercised 1,500,000 of these warrants. He now holds 7,300,000 common shares of Vantex for a total of 12.05 % of the issued shares of the Company (see July 29, 2011 press release).

The Company will resume its works on the Galloway project in mid-August where a drilling campaign will take place on the Moriss and Hendrik showings.

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

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