TEMEX RESOURCES CORP.

Temex Resources Corp. announce the closing of its previously announced private placement offering with PI Financial Corp. ("PI") (see the company's news releases dated May 5, 2009 and May 13, 2009), pursuant to which an aggregate of 5,500,000 units were sold at a price of $0.25 per unit and an aggregate of 694,000 "flow-through" shares (the "FT Shares") were sold at a price of $0.30 per FT Share, raising gross proceeds of approximately $1.6 million. The proceeds from the Offering are expected to be used to fund exploration work on the Company's Canadian precious metals properties and for general corporate purposes.