Orex Minerals Inc. Announces $5 Millon Non-Brokered Private Placement
OREX MINERALS INC. ANNOUNCES $5 MILLON NON-BROKERED
PRIVATE PLACEMENT
Not for distribution to United States news wire services or for dissemination in the United States
VANCOUVER, BC, February 2, 2026 /CNW/ - Orex Minerals Inc. (TSXV: REX) (OTCQB: ORMNF) ("Orex" or the
"Company") is pleased to announce that the Company intends to undertake a non -brokered private
placement financing (the " Offering") to raise gross proceeds of up to $ 5,000,000 from the sale of up to
30,303,030 units ("Units") at a price of $ 0.165 per Unit, each Unit consisting of one common share of the
Company (each, a "Share") and one warrant (each, a "Warrant"). Each Warrant will entitle the holder thereof
to acquire one Share from the Company at a price of $ 0.20 per Share for a period of 24 months from the
closing date of the Offering.
The Company intends to use the net proceeds from the Offering for general working capital purposes.
The Offering is anticipated to close on or about February 12, 2026. The closing of the Offering is subject to
certain conditions, including the approval of the TSX Venture Exchange and certain other conditions
customary for a private placement of this nature. All securities issued pursuant to the Offering will be subject
to a hold period in accordance with applicable Canadian securities law, expiring four months and one day
following the closing date of the Offering.
The Company may pay a finder's fee in respect of those purchasers under the Offering introduced to the
Company by certain persons (each, a " Finder"). Each Finder will be entitled to receive a cash payment and
Warrants equal to 6% of the gross proceeds received by the Company from purchasers under the Offering
who were introduced to the Company by such Finder.
The securities described herein have not been, and will not be, registered under the United States Securities
Act of 1933, as amended (the " U.S. Securities Act"), or any state securities laws, and accordingly, may not
be offered or sold within the United States except in compliance with the registration requirements of the
U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This
press release is not an offer or a solicitation of an offer of securities for sale in the United States, nor will
there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be
unlawful.
ABOUT OREX MINERALS INC.
Orex Minerals Inc. is a precious and base metals exploration company with projects in Mexico and Canada.
The Company's portfolio includes the Coneto Silver -Gold Project (Durango State, Mexico), in partnership
with Fresnillo PLC, the Sandra Silver-Gold Project (Durango State, Mexico), in partnership with Pan American
Silver Corp., and the Jumping Josephine Gold Project in British Columbia, Canada. Orex is led by an
experienced team of mining and exploration professionals dedicated to v alue creation through s trategic
project advancement and partnerships.
ON BEHALF OF THE BOARD OF DIRECTORS
John Eren
President & CEO
Tania Archer
Corporate Development
For further information, please contact:
Orex Minerals Inc.
Tel: +1 (604) 687-8566
Email: [email protected]
Website: www.orexminerals.com
STAY CONNECTED
X (Twitter): Orex Minerals (@OrexMinerals) / X (twitter.com)
LinkedIn: Orex Minerals Inc. | LinkedIn
Facebook: Orex Minerals | Facebook
FORWARD LOOKING STATEMENTS
This news release may contain forward-looking statements, including statements with respect to the terms
of the Offering, the receipt of regulatory approvals for the Offering, closing of the Offering and use of
proceeds of the Offering. These statements reflect management's current estimates, beliefs, intentions and
expectations; they are not guarantees of future performance. Forward- looking statements address future
events and conditions and therefore involve inherent risks and uncertainties. Such factors include, among
other things: risks and uncertainties relating to exploration and development, the ability of the Company to
obtain additional financing, the need to comply with environmental and governmental regulations,
fluctuations in the prices of commo dities, operating hazards and risks, competition and other risks and
uncertainties, including those described in the Company's financial statements, management discussion and
analysis and/or annual information form available on www.sedarplus.ca. The risk factors identified in such
documents are not intended to represent a complete list of factors that could affect the Company. Actual
results may differ materially from those currently anticipated in such statements and the Company
undertakes no obligation to update such statements, except as required by law.
Neither 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 release.