SGX Resources Announces Closing of $1.2 Million Private Placement

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


Dale Ginn, President and CEO of SGX Resources Inc. (TSX VENTURE:SXR) (the
"Company") is pleased to announce that the Company has completed the second
tranche of its private placement offering (the "Offering") of flow-through units
(the "Units") of the Company with a syndicate of agents led by Primary Capital
Inc. and M Partners Inc. and including Stonecap Securities Inc. (collectively
the "Agents"). At the closing the Company issued 3,419,500 Units at a price of
$0.35 per Unit for aggregate gross proceeds of $1,196,825. The aggregate number
of Units issued by the Company in the first and second tranches of the Offering
was 12,424,200 for aggregate gross proceeds of $4,348,470.


The Units each consist of one flow-through common share and one half of one
non-flow-through common share purchase warrant of the Company ("Warrant") with
each whole Warrant exercisable into one common share of the Company at a price
of $0.45 for a period of 24 months following the date of issuance. 


At the closing the Agents received a commission equal to 6% of the gross
proceeds of the Offering, plus expenses.


All securities issued are subject to a hold period of four months and a day from
the date of issuance in accordance with applicable securities laws. The
securities issued by the Company in the first tranche of the Offering are
subject to a hold period expiring on April 7, 2013. The securities issued by the
Company in the second tranche of the Offering are subject to a hold period
expiring on April 21, 2013.


The gross proceeds from the sale of the Units shall be used for Canadian
exploration expenses on the mineral properties of the Company. 


These securities being offered have not been and will not be registered under
the United States Securities Act of 1933, as amended (the "U.S. Securities Act")
and may not be offered or sold in the United States or to, or for the benefit
of, U.S. persons (as defined in Regulation S under the U.S. Securities Act)
absent registration or an applicable exemption from registration requirements.
This release does not constitute an offer for sale of securities in the United
States.


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


CAUTIONARY STATEMENT: 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