Orefinders Welcomes Mr. Claude Bouchard, P.Eng. to the Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 22, 2015) - Orefinders Resources Inc. (TSX VENTURE:ORX) is pleased to announce that mining engineer Claude Bouchard, P. Eng. has agreed to join the Board of Directors effective immediately. Mr. Bouchard is the former Vice-President, Operations of Rubicon Minerals Corp. from April 2009 to January 2013. During that period, Mr. Bouchard was largely responsible for bringing the Phoenix Project to its current stage of development. Prior to that position (2005 to 2009), he was Manager of Engineering, Project Manager, General Manager of Project Development, and Manager of the Levack Mine and Footwall Deposit of FNX Mining Company Inc. based in Sudbury, Ontario. Mr. Bouchard has over thirty years of experience and has worked on many mines throughout the Provinces of Ontario and Quebec. Mr Bouchard will participate in Orefinders stock option plan and will be granted an option to purchase 400,000 shares of ORX at a share price of $0.10 per share, exercisable for a period of 5 years from the date of grant.

Mr. Bill Yeomans, President of Orefinders, commented that "With over thirty years of experience, Mr. Bouchard's expertise and accomplishments in the Canadian mining industry represents a significant strengthening of our board, ultimately benefitting Orefinders and all of our stakeholders."

Orefinders also wishes to make a correction regarding the resignation of Mr. Adam Travis. Mr. Adam Travis will remain as a Director until the upcoming Annual General Meeting scheduled to take place in March 2015. The Board is most appreciative of Mr. Travis's contribution over the past four years and wishes him the best in his future endeavours.

William Yeomans, P. Geo, President

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.