Tiex - Michael Starogiannis, P.Eng. joins Advisory Committee

Shares Issued: 46,329,480

KELOWNA, BC, July 17, 2012 /CNW/ - TIEX INC. (TSXV: TIX) ("Tiex" or the "Company") is pleased to announce Mr. Michael Starogiannis, P.Eng. has joined the company's advisory committee.

Michael Starogiannis is an analyst for Fraser Mackenzie covering the Metals and Mining sector. Mr. Starogiannis is a professional engineer and graduate of the University of Toronto with a B.A.Sc. in Geological and Mineral Engineering. He started his career as a consulting geotechnical engineer working for Golder Associates on a variety of projects entailing rock mechanics, hydrogeology, and tailings. Since finishing his MBA at the Rotman School of Management in 2001 he has held roles in equity research, private business, and investor relations. Mr. Starogiannis' prior experience in capital markets is mainly in researching the gold and precious metals sector for several Canadian broker/dealers.

Ken Faulkner, President and C.E.O. comments: "Mike brings a wealth of knowledge to our team. As we move forward, Mike's contribution will be invaluable when assessing and sourcing funding efforts as well as geologic and strategic options. I know that Mike is very familiar with our property portfolio and the goals we set for exploration, his technical and fundamental expertise is very tangible as we forge the future of the company. On behalf of the Board of Directors and I, we welcome Mike to the company."

Mr. Starogiannis comments:" Over the last year I have watched Ken assemble a very good team, which I am familiar with. I understand what they are trying to accomplish with some very good targets in this prolific area. I look forward to contributing any way I can to help this vision become a reality."

Stephen Wetherup, B.Sc., P.Geo. is the Qualified Person as defined by National Instrument 43-101 and is responsible for the technical information provided in this release.

About Tiex Inc:
Tiex Inc. is a TSX Venture listed mineral exploration company focused on the exploration of its 95,559 ha Cariboo Region properties, including the 16,180 ha Bullion Property which is under an earn-in option/joint venture agreement with Newmont Canada Corporation as announced in the Company's April 27, 2011 news release. The properties are located in the prolific Quesnel Terrane of central British Columbia, Canada and are accessible by highway and logging roads year round. For more information, you can visit the company's website at: www.tiexinc.com.

ON BEHALF OF THE BOARD OF DIRECTORS,

"Kenneth D. Faulkner"
President & CEO

Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.

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.

SOURCE TIEX Inc.

For further information:

Ken D. Faulkner, President & CEO

Telephone: (250) 869 - 1607

Facsimile: (250) 868 - 0798

Email: ceo@tiexinc.com

Profil de l'entreprise

TIEX Inc.

Renseignements sur cet organisme


FORFAITS PERSONNALISÉS

Jetez un coup d’œil sur nos forfaits personnalisés ou créez le vôtre selon vos besoins de communication particuliers.

Commencez dès aujourd'hui .

ADHÉSION À CNW

Remplissez un formulaire d'adhésion à CNW ou communiquez avec nous au 1-877-269-7890.

RENSEIGNEZ-VOUS SUR LES SERVICES DE CNW

Demandez plus d'informations sur les produits et services de CNW ou communiquez avec nous au 1‑877-269-7890.