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Dorex Minerals Inc. Increases Financing VANCOUVER, BRITISH COLUMBIA--(MARKET WIRE)--Oct 30, 2007 -- Dorex Minerals Inc. (CDNX:DOX.V - News) - The company wishes to
announce that with regards to its previously announced non-brokered
private placement, is being increased up to 4.5 million
units at a price of $ 0.15 cents per unit, subject to regulatory
approval. Each unit will consist of one common share and
one share purchase warrant. Each warrant will be exercisable
for two years at price of 0.17 for the first year and at
a price of 0.19 for the second year. A cash finders fee is payable, in accordance with TSX Venture Exchange policies. The proceeds will be used for further exploration on the company's properties and general working capital. ON BEHALF OF THE BOARD OF DIRECTORS OF DOREX MINERALS INC. Peter Walton, President
Contact: Contacts:
Dorex Minerals Inc.
David Joseph
Consultant / Corporate Development
(604) 633-9992
Email: daviddorex@yahoo.com
Dorex Minerals Inc.
(604) 688-1160
Email: info@dorex.ca
Website: http://www.dorex.ca
Source: Dorex Minerals Inc.
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