Micrex Development Corp.: Financing Announced

CALGARY, ALBERTA — (Marketwired) — 04/02/13 — Micrex Development Corp. (TSX VENTURE: MIX) is pleased to announce that it has, subject to stock exchange approval, undertaken a non-brokered debt financing of up to $300,000. The Notes are unsecured, bear interest at 6% per annum and are due December 31, 2014. Each Unit will also contain that number of share purchase warrants equal to 40% of the principal divided by $0.10, with each warrant entitling the holder to subscribe for one common share for $0.10 until December 31, 2014.

Proceeds will be used for working capital.

Micrex Development Corp. (TSX VENTURE: MIX) is a mineral exploration company based in Alberta, Canada with mining properties in North America. Visit for further details.

MICREX DEVELOPMENT CORP.

Burmis Magnetite/Titanium Property – St. Charles de Bourget Magnetite/Titanium Property – Fort Steele Placer Property – Bighorn Gold Mine – Mount Royal Gold Mine – Deadwood Gold Mine – Sunburst Gold Property

FORWARD LOOKING STATEMENTS

Certain statements in this news release are „forward-looking statements“, which reflect management-s expectations regarding its property and business operations. All statements other than statements of historical fact contained in this news release are forward-looking statements. Such forward-looking statements involve risks and uncertainties, as they reflect management-s current beliefs and are based on information currently available to management. Actual results may differ materially from those anticipated in the statements made. The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The forward-looking statements are made as of the date of this news release and Micrex assumes no obligation to update or revise them to reflect new events or circumstances except as expressly required by applicable securities law. Further information regarding the uncertainties and risks can be found in the disclosure documents filed by Micrex with the securities regulatory authorities, available at .

A mineral exploration and development company operating in Canada and the United States TSX Venture Exchange symbol „MIX“

SEC 12 g (3) Exemption 82-4281

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contacts:
Micrex Development Corp.
Perry Meszaros
(780) 448-0922

Micrex Development Corp.
S.E. Marshall
(780) 448-0922