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TORONTO, July 13, 2012 /CNW/ - Temex Resources Corp. (TSXV: 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 Company's auditor and authorized directors to fix the auditor's
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:



Information regarding the mineral resource estimate on the Juby Main
Zone is in the Company's 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.






Information regarding the mineral resource estimate in the tailings
piles located on the Gowganda Silver Project is in the Company's 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.





For further information:

please visit http://www.temexcorp.com/">www.temexcorp.com or email: info@temexcorp.com or phone: 416-862-2246 toll free: 866-373-6287