Vantex Resources Ltd.

Vantex Resources Ltd.

May 04, 2009 17:00 ET

Vantex Reprices 2,950,000 Stock Options

LA PRAIRIE, QUEBEC--(Marketwire - May 4, 2009) - The management of Vantex Resources Ltd (TSX VENTURE:VTX) announces that a majority of arm's length shareholders approved the repricing of 2,950,000 previously awarded stock options, at the Company's shareholders meeting that was held on April 29, 2009. These stock options were originally granted at exercise prices ranging between $0.165 and $0.23. Following the shareholders approval, these 2,950,000 stock options were cancelled and re-awarded at a price of $0.10. The new options will expire April 29, 2014.

Shareholders also reappointed the current board of directors of the Company as well as the auditor, for the ensuing year.

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

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