Orex Exploration Inc.: Corporate Update Following the Annual and Special Meeting of Shareholders

OREX EXPLORATION INC. (TSX VENTURE:OX)(FRANKFURT:O5D) is pleased to welcome Will
Felderhof to its board of directors. At its Annual and Special Meeting of
Shareholders, which took place on December 20, 2011, shareholders approved the
proposed slate of directors, which included Mr. Felderhof, as well as Mark
Billings, Jacques Levesque, Michael Dehn, Louis Lapointe and Claude Poulin.


Following the Board of directors meeting which followed immediately the Annual
and Special Meeting of shareholders;




1.  Mark Billings was named president and CEO and Jacques Levesque as Chief
    Financial Officer (CFO) of Orex; 
2.  Mark Billings, Louis Lapointe and Claude Poulin were appointed as
    members of the Audit Committee; and 
3.  Orex granted 200,000 stock options to Will Felderhof upon his becoming a
    director of the Company, at an exercise price of $0.10 each and for a
    five years period.



Mark Billings, President and CEO of Orex, commented, "We are pleased with the
addition of Will to our board of directors. Will has been active in the mineral
resource industry for over 38 years. He was the founder of Acadian Mining
Corporation and served as director, president and CEO from March 2003 to
February 2010. Will is also a member and a past president of The Mining Society
of Nova Scotia. His background, experience and contacts in the Nova Scotia
mining community will be of great help to Orex as we move ahead with our
Goldboro Gold Project. We would also like to thank David Hatchette for his
service over the past years as a director of Orex."


All the other motions presented at the Annual and Special Meeting of
shareholders held on December 20, 2011 were approved, as introduced:




--  Modification of the Articles of the Corporation in order to allow the
    Corporation:

i.  to hold shareholder meetings at a place outside of the Province of
    Quebec, and 
ii. to appoint one (1) or more directors, who shall hold office for a term
    expiring no later than the close of the annual meeting of shareholders
    following their appointment, but the total number of directors so
    appointed may not exceed one-third of the number of directors elected at
    the annual meeting of shareholders preceding their appointment.

--  By-Laws Replacing the General By-Laws of the Corporation in order to
    ensure a compliant transition to the provisions of the Business
    Corporations Act (Quebec) who came into force on February 14, 2011.

--  Reconfirmation of the Shareholder Rights Plan of the Corporation which
    was initially adopted in December, 2008. To remain in force, the Rights
    Plan had to be reconfirmed by the shareholders at the third annual
    meeting following the meeting at which it was initially confirmed.

--  Amendment to the Corporation' Stock Option Plan, subject to approval of
    the TSX Venture Exchange, in order:

i.  to extend to 12 months the maximum delay to exercise an option when a
    person ceases to be a participant under the Plan, and 
ii. to apply equally this modification to the stock options previously
    granted under the Plan and still valid as at December 20, 2011.



About Orex Exploration Inc.

Orex Exploration Inc. is a Canadian-based junior resource and exploration
company trading under the symbol OX on the TSX Venture Exchange and O5D on the
Frankfurt Stock Exchange. The Company holds a 100% interest in the Goldboro Gold
Project in Nova Scotia.


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term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this news release. The statements
made in this news release that are not historical facts are "forward-looking
statements" and readers are cautioned that any such statements are not
guarantees of future performance, and that actual developments or results, may
vary materially from those in these "forward-looking" statements.