AA Alba Minerals Ltd

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
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Orex Minerals Inc. (TSX VENTURE:REX) ("Orex") and Astral Mining Corporation (TSX
VENTURE:AA) ("Astral") announce that further to their joint press release dated
October 15, 2012, they have entered into an arrangement agreement ("Arrangement
Agreement") which provides for, among other things, the acquisition by Orex of
all of the issued and outstanding common shares of Astral ("Astral Shares") by
way of a court approved plan of arrangement ("Arrangement") pursuant to the
Business Corporations Act (British Columbia).


Under the Arrangement, each Astral shareholder will receive one common share of
Orex for every twelve Astral Shares held. All outstanding Astral options and
warrants will be exchanged for options and warrants of Orex in an amount and at
exercise prices adjusted in accordance with the same exchange ratio. For more
information on the Arrangement and the merged entity that will result, see the
joint press release of Orex and Astral dated October 15, 2012. The Arrangement
Agreement can be viewed on either of the SEDAR profiles of Orex or Astral at
www.sedar.com.


Each of the directors and officers of Astral have entered into lock-up
agreements with Orex to vote their shares in favour of the Arrangement.


It is expected that the meeting at which Astral shareholders will be asked to
vote on the Arrangement will be held in late January 2013. It is also expected
that the information circular and other ancillary materials in connection with
the meeting will be mailed to Astral shareholders on or before December 18,
2012. The Arrangement is expected to be effective before February 28, 2013.


Gary Cope, President & CEO of Orex, comments that: "We're pleased to have signed
the Arrangement Agreement to acquire Astral. Though Los Crestones is an early
stage project, our technical team is encouraged by assay results received to
date, and we hope that our considerable exploration expertise in Mexico will
help to advance the project."


About Orex Minerals Inc.

Orex Minerals Inc. (TSX VENTURE:REX) is a Canadian-based junior exploration
company with two very distinctive precious metals plays in its portfolio:
Barsele Gold Project (Sweden) and Coneto Silver-Gold Project (Durango, Mexico).
Please refer to www.orexminerals.com for additional information.


About Astral Mining Corp.

Astral Mining Corporation (TSX VENTURE:AA) is a Canadian company engaged in the
exploration and development of precious metal properties in the Americas. By
focusing on exploration in mining-friendly districts, Astral minimizes the
political and social risks encountered in many other parts of the world. Please
refer to www.astralmining.com for additional information.




ON BEHALF OF THE BOARDS OF DIRECTORS OF OREX AND ASTRAL:                    
                                                                            
Mr. Gary Cope                         Mr. Manfred Kurschner                 
President & CEO                       President & CEO                       
Orex Minerals Inc.                    Astral Mining Corporation             



For further information on Orex, visit www.orexminerals.com.

For further information on Astral, visit www.astralmining.com. 

Cautionary Note to US Investors: This news release may contain information about
adjacent properties on which we have no right to explore or mine. We advise U.S.
investors that the SEC's mining guidelines strictly prohibit information of this
type in documents filed with the SEC. U.S. investors are cautioned that mineral
deposits on adjacent properties are not indicative of mineral deposits on our
properties.


Forward Looking Information

This news release contains "forward-looking statements" including but not
limited to statements with respect to Orex and Astral's plans, the estimation of
mineral reserves and the success of exploration activities. Forward-looking
statements, while based on management's best estimates and assumptions, are
subject to risks and uncertainties that may cause actual results to be
materially different from those expressed or implied by such forward-looking
statements, including but not limited to: risks related to the successful
integration of acquisitions; risks related to international operations; risks
related to general economic conditions and credit availability, actual results
of current exploration activities, fluctuations in foreign currency exchange
rates, possible variations in ore reserves or grade; failure of plant, equipment
or processes to operate as anticipated; accidents, labour disputes, title
disputes, claims and limitations on insurance coverage and other risks of the
mining industry; changes in national and local government regulation of mining
operations, tax rules and regulations; and political and economic developments
in countries in which Orex and Astral operate. Although Orex and Astral have
attempted to identify important factors that could cause actual results to
differ materially from those contained in forward-looking statements, there may
be other factors that cause results not to be as anticipated, estimated or
intended. There can be no assurance that such statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements.


Orex (TSX VENTURE:REX) Shares outstanding 44,562,479 

Astral (TSX VENTURE:AA) Shares outstanding 24,985,554

FOR FURTHER INFORMATION PLEASE CONTACT: 
Astral Mining Corporation
Manfred Kurschner
President & CEO
(604) 569-0800
info@astralmining.com
www.astralmining.com


Orex Minerals Inc.
Gary Cope
President & CEO
(604) 687-8566
info@orexminerals.com
www.orexminerals.com

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