Oremex Resources Inc. - Extension of Share Purchase Warrants
Vancouver, Canada (ots/PRNewswire)
Oremex Resources Inc. (TSX-V: ORM) (the "Company") announced that it intends to extend for a period of three months the exercise period of 4,666,667 outstanding share purchase warrants, which are due to expire on November 18, 2007. The affected warrants were issued pursuant to a private placement completed on May 18 2006. The CAD$0.95 exercise price of the warrants will remain unchanged. The warrant extension is subject to the acceptance of the TSX Venture Exchange.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.
Forward-Looking Statements: The above contains forward-looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward-looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government and changes to regulations affecting the mining industry. Forward-looking statements in this release include statements regarding future exploration programs, operation plans, geological interpretations, mineral tenure issues and mineral recovery processes. Although we believe the expectations reflected in our forward-looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance or achievements.
Contact:
For further information: Linda Thorstad, M.Sc., P.Geo., Chief
Executive Officer, T: (604)-683-5651, E: linda.thorstad@oremex.com
(ORM.)