SGX Announces Closing of $3.15 Million Private Placement

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES.


Dale Ginn, President and CEO of SGX Resources Inc. (TSX VENTURE:SXR) (the
"Company") is pleased to announce that the Company has closed its private
placement offering (the "Offering") with a syndicate of agents led by Primary
Capital Inc. and M Partners Inc. and including Stonecap Securities Inc.
(collectively the "Agents") of flow-through units (the "Units") of the Company.
At the closing the Company issued 9,004,700 Units at a price of $0.35 per Unit
for aggregate gross proceeds of $3,151,645. 


The Units each consist of one flow-through common share and one half of one
non-flow-through common share purchase warrant of the Company ("Warrant") with
each whole Warrant exercisable into one common share of the Company at a price
of $0.45 for a period of 24 months following the closing.  


At the closing the Agents received a commission equal to 6% of the gross
proceeds of the Offering, plus expenses. 


All securities issued are subject to a hold period of four months and a day from
the date of issuance in accordance with applicable securities laws. 


The gross proceeds from the sale of the Units shall be used for Canadian
exploration expenses on the mineral properties of the Company.  


It is the intention of the Company and the Agents to close a second tranche of
the Offering in the near future. 


These securities being offered have not been and will not be registered under
the United States Securities Act of 1933, as amended (the "U.S. Securities Act")
and may not be offered or sold in the United States or to, or for the benefit
of, U.S. persons (as defined in Regulation S under the U.S. Securities Act)
absent registration or an applicable exemption from registration requirements.
This release does not constitute an offer for sale of securities in the United
States. 


A copy of this press release will be made available on the Company's website and
will be filed with SEDAR. 


NOTE: The information in this release may contain forward-looking information
under applicable securities laws. This forward-looking information is subject to
known and unknown risks, uncertainties and other factors that may cause actual
results to differ materially from those implied in the forward-looking
information. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
SGX Resources Inc.
Dale Ginn
CEO
[phone]


SGX Resources Inc.
Investor Relations
1-888-749-4621
www.sgxresources.com