Oremex Silver Confirms Annual General Meeting to Proceed as Planned

NOT FOR DISTRIBUTION TO UNITED STATES WIRE SERVICES OR DISSEMINATION IN THE
UNITED STATES


Oremex Silver Inc. ("Oremex" or the "Company") (TSX
VENTURE:OAG)(PINKSHEETS:ORAGF)(FRANKFURT:OSI) today announced that a decision
has been reached by the Ontario Superior Court of Justice (the "Court") in
regards to the application (the "Application") by Concept Capital Management
("CCM") previously announced by the Company in a press release dated December 2,
2013. Pursuant to the Application, CCM was seeking a declaration affirming the
results of a meeting held by CCM on November 26, 2013 (the "CCM Meeting") or, in
the alternative, that the annual shareholders meeting of the Company scheduled
for December 31, 2013 (the "Meeting") be conducted in a prescribed manner.


The Court found that the CCM Meeting was not a valid meeting of shareholders of
the Company, and thus the Meeting shall proceed on December 31, 2013 as planned.
Additionally, the Court ordered that the record date for the Meeting, set by the
Company at November 29, 2013, be amended to be set at November 27, 2013.


All shareholders of the Company as at November 27, 2013 are invited to attend
and to vote at the Meeting, to be held at 10:00 a.m. on Tuesday, December 31,
2013 at Wildeboer Dellelce Place, 365 Bay Street, Suite 800, Toronto, Ontario.


About Oremex Silver Inc.

Oremex is a Canadian company focusing on the exploration and development of
silver projects along the highly productive mineralized belt in Mexico. The
Company has a portfolio of silver projects including a mineral resource of 50.8
million ounces of silver at its Tejamen deposit. The Company's projects are
located in mining-friendly jurisdictions and the management team has a
successful track record of mine-building in Mexico.


Cautionary Note Regarding Forward-Looking Statements

Certain statements contained in this news release may constitute forward-looking
information (collectively "forward-looking information") within the meaning of
Canadian securities laws. Forward-looking information may relate to this news
release and other matters identified in Oremex's public filings, anticipated
events or results and can be identified by terminology such as "may", "will",
"would", "could", "should", "expect", "plan", "anticipate", "believe", "intend",
"estimate", "projects", "predict", "potential", "continue" or other similar
expressions concerning matters that are not historical facts and include, but
are not limited in any manner to, those with respect to entering into definitive
and binding agreements with respect to financings, capital and operating
expenditures, economic conditions, availability of sufficient financing, receipt
of approvals, the receipt of exemptive relief from securities requirements,
satisfaction of closing conditions and any and all other timing, development,
operational, financial, economic, legal, regulatory and/or political factors
that may influence future events or conditions. Such forward-looking statements
are based on a number of material factors and assumptions, including, but not
limited in any manner to, those disclosed in any other public filings of Oremex,
and include the ultimate availability and final receipt of required approvals
and/or exemptive relief, the decision of third parties to consummate definitive
agreements with Oremex, sufficient working capital for development and
operations, access to adequate services and supplies, availability of markets
for products, commodity prices, foreign currency exchange rates, interest rates,
access to capital markets and other sources of financing and associated cost of
funds, availability of a qualified work force, availability of manufacturing
equipment, no material changes to the tax and regulatory regime and the ultimate
ability to execute its business plan on economically favourable terms. While the
Company considers these assumptions to be reasonable based on information
currently available to it, they may prove to be incorrect. Actual results may
vary from such forward-looking information for a variety of reasons, including
but not limited to risks and uncertainties disclosed in other Oremex filings on
www.sedar.com and other unforeseen events or circumstances. Other than as
required by law, Oremex does not intend, and undertakes no obligation, to update
any forward looking information to reflect, among other things, new information
or future events.


Neither the TSX Venture Exchange nor its Regulation Service 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: 
Christian Scovenna
Oremex Silver Inc.
+1 416.453.4708
[e-mail]
www.oremexsilver.com