Kobex Receives Conditional Approval for Change of Business to an Investment Issuer, and Sells Mineral Exploration Properties

Kobex Minerals Inc. (the "Company" or "Kobex") (TSX VENTURE:KXM)(OTCQB:KBXMF) is
pleased to announce that it has received conditional approval from the TSX
Venture Exchange ("TSXV") for its proposed change of business ("Change of
Business") to a Tier 1 investment issuer. Kobex intends to change its name to
"Kobex Capital Corp." when its Change of Business is completed. The Company
received shareholder approval for these changes at its annual and special
general meeting (the "Meeting") held July 21, 2014. For more information
regarding the Change of Business please refer to Kobex's news release of June
13, 2014 as well as the management information circular (the "Circular")
prepared in respect of the Meeting, both of which are available at
www.sedar.com.


At the Meeting, 95.12% of the shares voted were in favour of the Change of
Business. Shareholders also re-elected Paul van Eeden, Michael J. Atkinson, A.
Murray Sinclair, E. Kenneth Paul and David M. Schmidt as directors of the
Company. Following the Meeting, the directors appointed Paul van Eeden as
Chairman, Philip du Toit as President and John Downes as Chief Financial
Officer.


Completion of the Change of Business remains subject to final TSXV acceptance
and there can be no assurance that the Change of Business will be completed as
proposed or at all. Investors are cautioned that, except as disclosed in the
Circular, any information released or received with respect to the Change of
Business may not be accurate or complete and should not be relied upon.


The Company also completed the sale of its two mineral exploration properties
(Mel property and Barb property in the Yukon Territory) for $200,000 cash and a
1% net smelter return ("NSR") royalty. The purchaser has the right to repurchase
the NSR royalty for $1 million.


On behalf of KOBEX MINERALS INC.

Philip du Toit, President & CEO

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM
IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE


FOR FURTHER INFORMATION PLEASE CONTACT: 
Kobex Minerals Inc.
Phil du Toit
President and CEO
647-818-2920
www.kobexminerals.com