VAX Vantex Resources Ltd

Vantex Resources Ltd. (the "Company"), (TSX VENTURE: VAX) announces that it will increase the previously announced $1,700,000 financing, to a maximum of $2,100,000 due to increased investor demand.

Vantex has therefore entered into an amended agreement with Jones, Gable & Company Limited ("Jones, Gable") in respect of a brokered private placement financing consisting of up to 2,100 units (the "Units") at a purchase price of $1,000 per Unit to raise gross flow-through proceeds of up to $2,100,000 (the "Private Placement") on a commercially reasonable effort agency basis.

The Units will consist of eight (8,000) flow-through common shares at a price of $01.0 per share, two thousand (2,000) common shares at a price of $0.10 per share and five thousand (5,000) common share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share in the capital of the Company for a period of twelve months from the date of issuance, at a purchase price of $0.15 per share.

Proceeds of the Units will be used for general working capital purposes and to incur general exploration expenses in Quebec. The expenses will constitute Canadian exploration expenses and flow-through mining expenditures (as defined in the Income Tax Act (Canada)), which can be renounced to purchasers for the 2010 taxation year. The securities issued will be subject to a hold period of four months and one day.

Proceeds of the Private Placement will be used for the development of the Galloway-Pitchvein area. The Private Placement will be subject to approval by the TSX Venture Exchange.

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. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

Contacts: Source: Guy R. Morissette, CEO For information: Francois Marcotte CFO & Investor Relations 514-685-9880 francois-marcotte@videotron.ca www.vantexressources.com