Triox Limited Announces Transfer of Ordinary Shares

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS.


Triox Limited (TSX VENTURE:TTL.P) (the "Company" or "Triox") is pleased to
announce the transfer of 1,000,000 ordinary shares of the Company (the "Ordinary
shares") from Aoi Maru Corp. ("AMC") to Lastmile Ventures Ltd. ("LMVL") for cash
consideration of $0.05 per ordinary share. The transfer of the ordinary shares
of the Company (the "Transferred Shares") from AMC to LMVL has been accepted by
the TSX Venture Exchange ("Exchange"), and will be completed in accordance with
the terms of an escrow agreement between the Company, Olympia Trust Company, and
certain securityholders of the Company, which was entered into October 20, 2011,
in connection with the initial public offering of the Company (the "Escrow
Agreement"). The Transferred Shares will remain in escrow in accordance with the
terms of the Escrow Agreement. LMVL is not a Non-Arm's Length Party to Triox
under the policies of the Exchange.


As a result of the purchase of the Transferred Shares, LMVL now owns or has
control over 1,000,000 ordinary shares in the Company, representing 8.85% of the
issued and outstanding ordinary shares of the Company. The shareholdings of AMC,
which is controlled by a director of Triox, reduces from approximately 18% to
8.85% of the issued and outstanding ordinary shares.


LMVL has been working with Triox to complete a qualifying transaction. LMVL is
controlled by Neil Bosch, who is a co-founder of Bosch Campbell Investment
Management and the Managing Partner, a Director of Wealth Management and
Portfolio Manager of Bosch Campbell Investment Management and Richardson GMP and
Robert Campbell is a co-founder of Bosch Campbell Investment Management, a
Director of Wealth Management and a Portfolio Manager of Bosch Campbell
Investment Management and Richardson GMP.


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Triox Limited
Robb McNaughton
Director
[phone]