Orex Exploration Inc.: Annual Meeting of Shareholders Held on February 28, 2014 and Proposed Private Placement

OREX EXPLORATION INC. (TSX VENTURE:OX) (the "Company") - Orex reports that at
the Annual and General Shareholders' Meeting held on February 28, 2014, all of
the nominees proposed by management have been elected as directors of the
Corporation, being Mark Billings, Marcel Faucher, William Felderhof, Jacques
Levesque, William McLucas and Claude Poulin. Mr. William McLucas, President and
Chief Executive Officer, wishes to thank the shareholders for their support at
the Meeting and advises that all resolutions were passed unanimously.
Furthermore, Raymond Chabot Grant Thornton LP, chartered accountants of
Rouyn-Noranda, were re-appointed auditors of the Corporation for the financial
year ending June 30, 2014.


The board of directors have appointed the following people as officers of the
Corporation: William McLucas, President and Chief Executive Officer, Mark
Billings, Chairman, Jacques Levesque, Chief Financial Officer and Julie Godard,
Corporate Secretary. 


The Corporation also announces that it intends to proceed with a non-brokered
private placement of units for a maximum amount of $500,000. Each unit will be
composed of one common share of the Corporation at a price of $0.05 and of one
common share purchase warrant, at an exercise price of $0.05 per share, valid
for a three-year period. Insiders of the Corporation might subscribe for more
than 25% of the offered units. The subscribed securities will be subject to a
hold period of four months from the closing date. This private placement is
subject to the conditional approval of the TSX Venture Exchange.


Neither the 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 news release. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
William McLucas
President and CEO
[phone]
[e-mail]


Mark Billings
Chairman the Board
[phone]
[e-mail]