VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 25, 2008) - AuEx Ventures, Inc. ("AuEx" or the "Company") (TSX: XAU.TO). Pursuant to the Company's shareholder approved stock option plan, the board of directors of AuEx has granted incentive stock options on a total of 850,000 shares of the Company's common stock exercisable for up to five years at a price of Cdn$2.14 per share being the closing price of AuEx's common shares on the day prior to grant. The options granted will vest as to one-third on each six month anniversary of the date of grant and will be subject to applicable regulatory hold periods.
AuEx Ventures, Inc. is a precious metals exploration company that has a current portfolio of eighteen exploration projects in Nevada, five projects in Argentina and one project in Spain. The Company controls over 80,000 acres of unpatented claims and fee land in prospective areas of Nevada. Nine of the projects are in joint venture agreements with six companies who provide exploration funding. The Company applies the extensive exploration experience and high-end technical skills of its founders to search for and acquire new precious metal exploration projects that are then offered for joint venture. AuEx Ventures, Inc. Ronald L. Parratt, President & CEO This release includes certain statements that may be deemed to be "forward-looking statements" within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although the management of AuEx believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see our public filings at www.sedar.com for further information. The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.ContactsRonald L. ParrattAuEx Ventures, Inc.
(775) 337-1545
Email: rparratt@auex.com
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