Dorex Minerals Inc. Announces Appointment of Two New Directors

Vancouver - Dorex Minerals Inc. (the “Company” or “Dorex”) is pleased to announce the appointments of Mr. Jim Mustard, P.Eng. and Jeremy South, CA.(Aus) to its Board of Directors.


Mr. Jim Mustard, P.Eng.

Mr. Mustard brings to the Company’s Board an extensive range of capital market and industry experience that includes development and operations. The core strengths he brings to Dorex are his in-depth technical knowledge of mine site economics in the context of capital market considerations to target new opportunities.

Mr. Mustard has worked in the mining finance sector for over 15 years as both a VP and a Senior Mining Analyst with Haywood Securities and as a VP Investment Banking, Mining, with PI Financial Inc. He is currently a director and VP Exploration of Explorex Resources Inc.; a director and CEO of Four Nines Gold Inc.(private); and a director and Chair of the Audit Committee of Kilo Goldmines Inc. Mr. Mustard has also served as President of Canada Zinc Metals Inc. Prior work ranged from early to advanced stage exploration and management positions at operating mines, including experience in Latin America with Barrick Gold and Eldorado Gold.

Mr. Mustard has a Bachelor of Applied Science in Geological Engineering from Queens University, Kingston. He is a registered Professional Engineer with the Association of Professional Engineers and Geoscientists of BC.


Mr. Jeremy South, CA (Aus)

Mr. South brings to the Dorex Board an exceptional depth of experience and knowledge in mining M&A, capital markets and strategy.

Mr. South has been active in capital markets for over 30 years including a number of senior investment banking roles in Europe, Asia and North America. He is currently Managing Partner of a private investment group based in Canada. Previously, he was Senior Managing Director, M&A Advisory at Deloitte, where he also held the role of Global Mining M&A Leader for over 9 years.

Jeremy was based in Beijing for four years where he helped build Deloitte’s energy and resources practice across Asia Pacific. In addition to advising western mining companies, he has advised leading Asian trading houses and leading Financial Investors on outbound mining investment.

“Jim Mustard and Jeremy South bring a wealth of knowledge and experience from their respective careers.”, Elena Tanzola, Interim President & CEO, remarked and added further that, “We are very pleased to welcome them, and believe that they will add considerable value and strength to our board and our effort in pursuing business opportunities.”


On Behalf of the Board of DOREX MINERALS INC.

Signed: “Kenneth B. de Graaf”
Kenneth de Graaf, Director



This news release may include forward-looking statements that are subject to risks and uncertainties. All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements except as required under the applicable laws

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