Orex’s President Increases Ownership in Orex Minerals
President of Orex, Gary Cope announces that he has beneficial ownership of, and control and discretion over, directly or indirectly through 683192 B.C. Ltd., 9,975,000 common shares, or approximately 13.92% of the issued and outstanding common shares of Orex. If Mr. Cope exercises all of the 2,098,400 warrants owned, and the 1,090,000 options owned, he will have beneficial ownership of, and control and discretion over, directly or indirectly, 13,163,400 common shares (or 17.58%) in the capital of Orex.