SGX Announces $5.0 Million Private Placement

THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR
FOR DISSEMINATION IN THE UNITED STATES.


Dale Ginn, Chief Executive Officer of SGX Resources Inc. (the "Company") (TSX
VENTURE:SXR), is pleased to announce that the Company has entered into an
agreement with Primary Capital Inc. and M Partners Inc. (the "Agents") under
which the Agents have agreed to sell, on a private placement basis, flow-through
units of the Company at a price of $0.35 per flow-through unit for gross
proceeds of $5.0 million. Each flow-through unit consists of one flow-through
common share and one-half of one non-flow-through common share purchase warrant
of the Company with each whole flow-through warrant exercisable into one common
share at a price of $0.45 for a period of 24 months following the closing. The
gross proceeds from the sale of the flow-through units shall be used for
Canadian exploration expenses.


Closing of the offering is scheduled to occur on or about December 6, 2012. All
securities issued will be subject to a four-month hold period. The offering is
subject to a number of conditions, including, without limitation, receipt of all
regulatory approvals.


For further information visit http://www.sgxresources.com. A copy of this press
release will be made available on the Company's website and will be filed with
SEDAR.


NOTE: The information in this release may contain forward-looking information
under applicable securities laws. This forward-looking information is subject to
known and unknown risks, uncertainties and other factors that may cause actual
results to differ materially from those implied in the forward-looking
information.


FOR FURTHER INFORMATION PLEASE CONTACT: 
SGX Resources Inc.
Dale Ginn
CEO
[phone]


SGX Resources Inc.
Investor Relations
1-888-749-4621
www.sgxresources.com