Vantex Resources Ltd. (the "Company") (TSX
VENTURE:VAX)(FRANKFURT:UD7A)(ALPHA:VAX) is pleased to announce the completion of
a $482,000 brokered financing. 


The Company sold 482 Flow-Through units (the "FT Units") at a purchase price of
$1,000 per FT Unit, for a total amount of $482,000. Each FT Units consists of
5,000 flow-through common shares at a price of $0.20 per share and 2,500 common
share purchase warrants. 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 $0.25 per share.


Proceeds of the FT Units will be used for the continuation of exploration of the
Galloway property 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 2011 taxation year. 


In connection with the private placement, Jones Gable & Company Ltd. will
receive a cash commission of $38,560 as well as 144,600 Compensation Options.
Each Compensation Option allows for the purchase of one Broker Unit at a price
of $0.20 until June 23, 2013. Each Broker Unit being comprised of one common
share and one half common share purchase warrant. Each whole common share
purchase warrant can be exercised at a price of $0.25 until June 23, 2013. 


The securities issued as part of these placements are subject to a minimum hold
of four-month-and-one-day period and subject to the approval of 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.
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