======================================================================= Re: News - Friday, July 13, 2012 Temex Reports on the 2012 Annual Meeting of Shareholders and Corporate Update ======================================================================= NR14-2012 July 13, 2012 (TORONTO, ONTARIO): Temex Resources Corp.

(TSX-V: TME, FWB: TQ1) ("Temex" or "the Company") announces the results of its Annual General Meeting of Shareholders (the "Meeting") held on July 11, 2012 in Toronto, Ontario.

At the Meeting, shareholders approved all resolutions put before them by management, including the election of all director nominees, the appointment of the auditor, the approval of the adoption of the amended and restated stock option plan, and the approval of the shareholder rights plan agreement. Results of the Annual and Special Meeting of Shareholders Election of Directors The shareholders elected Messrs., Peter Akerley, Ian Campbell, Bruce Durham, Gregory Gibson and Ronald Goldsack to serve as directors of the Company until the next annual meeting of the shareholders.

The board of directors (the "Board") is comprised of a majority of independent directors.

Appointment of Auditors The shareholders re-appointed parker simone LLP, Chartered Accountants as the Companys auditor and authorized directors to fix the auditors remuneration.

Approval of the Adoption of the Amended and Restated Stock Option Plan The shareholders voted in favor of the resolution pertaining to the approval of the adoption of the amended and restated stock option plan.
Approval of the Shareholder Rights Plan Agreement The shareholders voted in favor of the resolution ratifying, confirming and approving the Corporations shareholder rights plan agreement dated as of January 23, 2012 between the Corporation and Equity Financial Trust Company.


Corporate Update Chairman of the Board and Officer Appointments At a meeting of the Board of Directors, the following appointments were approved : Gregory Gibson: Chairman of the Board Ian Campbell: President and Chief Executive Officer Edward J.

Badida: Chief Financial Officer and Corporate Secretary
On Behalf of the Board of Directors, "Ian Campbell" Ian Campbell President and CEO
About Temex Resources Corp. Temex is a Canadian based exploration company focusing on its portfolio of precious metals properties in northeastern Ontario, a world class mining district.

Temex is exploring its Timmins Whitney Property, in partnership with Goldcorp, and its Juby Gold Project.

The Juby Main Zone has NI 43-101 compliant resources of 22.3 million tonnes at a grade of 1.30 g/t gold for 934,645 ounces of gold in the Indicated category and 28.2 million tonnes at a grade of 1.00 g/t gold for 905,621 ounces of gold in the Inferred category, both at a cut-off grade of 0.40 g/t gold (Note 1).

Temex also has a NI 43-101 compliant resource for tailings material on its Gowganda Silver Project (Note 2). The tailings piles contain a NI 43-101 compliant resource of 1.94 million tonnes grading 47.5 g/t silver for a contained resource of 2.96 million ounces of silver in the Indicated category. Notes: Notes: 1. Information regarding the mineral resource estimate on the Juby Main Zone is in the Companys news release dated January 16, 2012 and the technical report filed on SEDAR February 28, 2012.

The Mineral Resource Statement was prepared for Temex by GeoVector Management Inc., Ottawa, Ontario according to the "CIM Standards on Mineral Resources and Reserves: Definition and Guidelines" (December, 2005), by Joe Campbell, BSc, P.Geo., Alan Sexton, MSc, P.Geol., and Allan Armitage, PhD, P.Geol., "independent qualified persons" as defined by NI 43-101. 2. Information regarding the mineral resource estimate in the tailings piles located on the Gowganda Silver Project is in the Companys news release dated June 8, 2011 and the technical report filed on SEDAR July 21, 2011.

The Mineral Resource Statement was prepared for Temex by GeoVector Management Inc., Ottawa, Ontario according to the "CIM Standards on Mineral Resources and Reserves: Definition and Guidelines" (December, 2005), by Allan Armitage, PhD, P.Geol., Alan Sexton, MSc, P.Geo.

and Joe Campbell, BSc, P.Geo., "independent qualified persons" as defined by NI 43-101.
Forward Looking Statements: This news release includes certain "forward-looking statements".

Such forward-looking statements involve risks and uncertainties.

The results or events predicted in these forward-looking statements may differ materially from actual results or events.

The Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. 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. -30- For more information please visit www.temexcorp.com or email: or phone: 416-862-2246 toll free: 866-373-6287 Associated File: http://www.temexcorp.com/i/pdf/nr/2012-07-13_NR.pdf 82 KB in size, approx.

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