Temex announces refiling of financial statements and management discussion & analyses



    TSX Venture Exchange:TME, Frankfurt Exchange:TQ1

    TORONTO, April 17 /CNW/ - Temex Resources Corp. (TSX Venture
Exchange:TME, Frankfurt:TQ1) ("Temex" or "the Company") announces that it has
restated and refiled its financial statements for the fiscal year ended
February 28, 2006, as well as its interim financial statements for the first,
second and third quarters of its fiscal year ended February 28, 2007.
    The financial statements had be restated to correct the inadvertent
omission to record a promissory note of the Company in the amount of $750,000,
made as of November 30, 2005, as described in the Company's new release dated
March 28, 2007.
    The restatements do not affect the Company's cash position and do not
impact the Company's ongoing exploration and business activities.
    The Company has also restated and refiled its management discussion and
analyses relating to each of such periods.
    Each of the restated and refiled financial statements and related
management discussion and analyses replace and supersede the respective
previously filed original financial statements and related management
discussion and analysis. Such previously filed original financial statements
and management discussion and analyses should be disregarded.
    Each of the restated and refiled financial statements and related
management discussion and analyses can be reviewed on SEDAR at www.sedar.com.
    Further to the Company's new releases dated March 9 and 28, 2007, the
Company has repaid the above-referenced promissory note by issuing
1,304,348 common shares at a deemed price of $0.575.

    This news release contains forward-looking statements. Forward-looking
statements address future events and conditions and therefore involve inherent
risks and uncertainties. Actual results may differ materially from those
currently anticipated in such statements. Such forward-looking statements
involve known and unknown risks, uncertainties and other factors that could
cause actual events or results to differ materially from estimated or
anticipated events or results implied or expressed in such forward-looking
statements. Any forward-looking statement speaks only as of the date on which
it is made and, except as may be required by applicable securities laws, the
Company disclaims any intent or obligation to update any forward-looking
statement, whether as a result of new information, future events or results or
otherwise. Forward-looking statements are not guarantees of future performance
and accordingly undue reliance should not be put on such statements due to the
inherent uncertainty therein.

    Temex, a well-funded Canadian exploration company, is focused on
advancing its gold, silver and diamond projects in northeastern Ontario.

    On behalf of the Board of Directors,

    "Ian Campbell"

    Ian Campbell
    President and CEO

    (*) The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this news release(*)

    %SEDAR: 00005513E




For further information:

For further information: please visit the Temex website
www.temexcorp.com or contact Ian Campbell at (416) 862-2246

Organization Profile

Temex Resources Corp.

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