Orex Exploration Inc.: Extension of the Delay to Close the Private Placement

OREX EXPLORATION INC. (TSX VENTURE:OX) ("Orex" or "the Corporation") - The
Corporation announces that it has extended to August 25, 2014 the proposed
non-brokered private placement of units for a maximum amount of $500,000. Each
unit will comprise one common share of the Corporation at a price of $0.05 and
one whole common share purchase warrant, at an exercise price of $0.05 per
share, valid for a three-year period. Insiders of the Corporation may 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 final 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. 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.


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


Mark Billings, Chairman
+ 1 [phone]
[e-mail]