Kobex Sells Blue Sky Warrants
October 26 2009 - 7:53PM
Marketwired
Kobex Minerals Inc. ("Kobex" or the "Company") (TSX VENTURE:
KXM)(NYSE Amex: KXM) announces that effective October 26, 2009, the
Company has sold 8,333,333 warrants of Blue Sky Uranium Corp.
("Blue Sky") that it had acquired as part of previous private
placements (see Blue Sky news releases dated September 19, 2008 and
October 29, 2008) for proceeds totalling $528,333.31 Canadian
dollars. Kobex retains 8,333,333 common shares that it had acquired
at $0.12 Canadian dollars per unit.
President Alfred Hills says, "Sale of these warrants reflects
arrangements agreed to prior to our amalgamation on Sept. 30, 2009.
Kobex believes that Blue Sky's recent exploration results and
corporate news underscores Blue Sky as an exploration story in
which Kobex is pleased to continue to hold a substantial
position."
On behalf of the Board of Directors
KOBEX MINERALS INC.
Alfred Hills, President and CEO
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news
release.
Contacts: Kobex Minerals Inc. Alfred Hills President
604-688-9368 Kobex Minerals Inc. Sam Yik CFO 604-688-9368
604-688-9336 (FAX) investor@kobexminerals.com
www.kobexminerals.com
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