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Corex Announces Re-Pricing of its Previously Announced Private Placement

September 2, 2014



ENP Newswire - 02 September 2014

Release date- 29082014 - Vancouver, BC - Corex Gold Corp. would like to announce the re-pricing of its previously announced non-brokered private placement financing for up to 6,000,000 units of the company at a price of $0.10 per Unit has been changed to $0.08 to raise gross proceeds of up to $620,000.00.

Each Unit will be comprised of one common share of the Company and one common share purchase warrant (a 'Warrant'). Each Warrant will entitle the holder to acquire an additional common share of the Company for a period of 24 months from the date of issue at a price of $0.15 per common share.

The net proceeds from this private placement will be used for Corex's Santana project and for general working capital purposes. The proposed financing is subject to the approval of the TSX Venture Exchange. All securities issued pursuant to the Offering will be subject to a statutory four month hold period under applicable securities laws. Finders' fees in cash or warrants may be payable in accordance with the policies of the Exchange.

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.

CONTACT:

Craig Schneider

Tel: 604.683.2505

Fax: 604.683-2506

Email: info@corexgold.com

Website: www.corexgold.com

Cautionary Statement

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.


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Source: ENP Newswire


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