VANCOUVER, BC – July 23, 2013, Corex Gold Corp. (TSX-V: CGE) (“Corex” or the “Company”) board of Directors (the “Board”) has approved an advance notice policy (the “Policy”) effective July 22, 2013. The Company intends to seek ratification of the Advance Notice Policy by the shareholders of the Company at the Company’s next general meeting of shareholders to be held on August 27, 2013.

The Advance Notice Policy includes, among other things, a provision that requires advance notice to be given to the Secretary of the Company in circumstances where nominations of persons for election to the Board are made by shareholders of the Company other than pursuant to either a requisition of a meeting made pursuant to the provisions of the British Columbia Business Corporations Act (the “Act”) or a shareholder proposal made pursuant to the provisions of the Act.

The Advance Notice Policy sets a deadline by which shareholders must submit to the Company nominations (the “Notice”) for the election of directors prior to any annual or special meeting of shareholders, sets forth the information that a shareholder must include in the Notice to the Company, and establishes the form in which the shareholder must submit the Notice.

In the case of an annual meeting of shareholders, a Notice must be provided to the Company not less than 30 days and not more than 65 days prior to the date of the annual meeting. In the event that the annual meeting is to be held on a date that is less than 50 days after the date on which the first public announcement of the date of the annual meeting is made, a Notice must be provided to the Company not later than the close of business on the 10th day following such public announcement. In the case of a special meeting of shareholders (which is not also an annual meeting) notice to the Company must be made not later than the close of business on the fifteenth day following the day on which the first public announcement of the date of the special meeting is made.

The full text of the Policy is available under the Company’s profile via SEDAR at www.sedar.com.


About Corex Gold Corp

Corex Gold Corp is a Canadian resource company focused on the acquisition, exploration, and development of precious/base metal deposits in Mexico including its 100% owned flagship property, the Santana Project, which is in Sonora State, Mexico. In addition, Goldcorp Inc. has implemented an on-going exploration program on Corex’s 100% owned Zuloaga property in Zacatecas State, Mexico.


ON BEHALF OF THE BOARD

“Craig D. Schneider”
President & CEO

FOR FURTHER INFORMATION PLEASE CONTACT:

Craig Schneider,
President & CEO

Tel: 604.683.2505
Fax: 604.683-2506
E-mail: [email protected]
Website: www.corexgold.com

Cautionary Statement:

Neither the 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.” The foregoing information may contain forward-looking statements relating to the future performance of Corex Gold Corp. Forward-looking statements, specifically those concerned with future performance are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in Corex Gold Corp.’s filings with the appropriate securities commissions.