Oremex Board Adopts Shareholder Rights Plan

Vancouver, Canada (ots/PRNewswire) - Oremex Resources Inc.
(TSX-V: ORM) (the "Company") today announced that its board of
directors has adopted a Shareholder Rights Plan (the "Rights Plan").
The objectives of the Rights Plan are to ensure, to the extent
possible, that all shareholders of the Company are treated equally
and fairly in connection with any take-over bid for the Company.
Take-over bids may not always result in shareholders receiving equal
or fair treatment or full value for their investment. In addition,
current securities legislation only requires a take-over bid to
remain open for 35 days. The Board believes that this period may be
insufficient for the shareholders to evaluate a bid, or for the
Board to pursue alternatives which could maximize shareholder value
and make informed recommendations to shareholders. The Rights Plan
was not adopted in response to, or in anticipation of, any
acquisition or takeover offer. The Company is not aware of any
pending or threatened takeover bid.

In order to implement the Rights Plan, the board of directors has
authorized the issuance of the rights to holders of its common shares
at the rate of one right for each common share outstanding. For
administrative convenience, the rights will automatically attach to
the common shares and will be represented by certificates
representing the common shares. No further action will be required
by the shareholders. On the occurrence of certain triggering events,
which includes the acquisition by a person or a group of 20% or more
of the votes attached to all outstanding voting shares of the
Company in a transaction not approved by the board of directors, the
rights will entitle to holders (other than the acquiring person or
group) to acquire common shares of the Company at a 50% discount to
the market price. The rights are not triggered by purchases of
voting shares made pursuant to a "permitted bid", which is a
takeover bid made by way of a formal takeover bid circular to all
holders of common shares on identical terms, which is open for at
least 60 days and is for a minimum of at least 50% of the outstanding
voting shares held by independent shareholders, and which permits
shareholders who tender their shares to subsequently withdraw them
before the closing date of the bid.

The Rights Plan is subject to acceptance by the TSX Venture
Exchange and ratification by the Company's shareholders. The Rights
Plan will be submitted to the shareholders for ratification at the
Company's upcoming annual and special general meeting, scheduled for
May 6, 2008.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy and accuracy of this release.

For further information: Linda Thorstad, M.Sc., P.Geo., Chief
Executive Officer, T: +1-604-683-5651, E: linda.thorstad@oremex.com.

ots Originaltext: Oremex Resources Inc.
Im Internet recherchierbar: http://www.presseportal.de

Contact:
For further information: Linda Thorstad, M.Sc., P.Geo., Chief
Executive Officer, T: +1-604-683-5651, E: linda.thorstad@oremex.com.