RXE RX Gold And Silver

RX EXPLORATION INC. ("RXE" or the "Company") (TSX VENTURE:RXE)(OTCQX:RXEXF)
announced today that pursuant to an order of the Ontario Superior Court of
Justice, it has today convened and immediately adjourned its Annual and Special
Meeting (the "Meeting") of shareholders. 


The Meeting was adjourned until July 6, 2011 at 4:30 pm, at which time all such
business for which the Meeting was called will be conducted, including a vote
for the Board of directors. The resumed Meeting will take place at the Ontario
Bar Association Conference Centre, Salon 3, Suite 200, 20 Toronto Street,
Toronto, Ontario, M5C 2B8. The court ordered that shareholders of the Company of
record as at the original record date of April 29, 2011 are entitled to vote,
and the Chair for the Meeting will be independent.


"In its decision, the court rejected an application by a group of dissidents to
force the Company to hold a vote for the election of the Board at the Meeting
today," said John F. O'Donnell, Chairman. "Notwithstanding the dissidents'
hollow claims to the contrary, the fact is that the court thwarted their attempt
to circumvent shareholder democracy and ram through their hand picked slate of
dissident nominees. From the strong gain in RXE shares today, it appears that
investors agree that our proposed changes to the Board and management will
create shareholder value." 


RXE will commence work immediately on an addendum to the Management Information
Circular which will set forth the Company's superior new slate of nominees for
election to the Board. As detailed in the press release of the Special Committee
on June 6, 2011, the management slate will include two current directors and six
new and highly experienced mining and corporate executives. The addendum will be
issued on a timely basis so that shareholders will be fully informed before the
Meeting date.


Voting Instructions 

RXE advises shareholders who have voted for the dissidents that they may change
their vote and support the new RXE management nominees by simply executing a new
BLUE management proxy that will be sent to shareholders soon. A later-dated BLUE
RXE management proxy will replace any previous vote for the dissidents. A vote
on the new BLUE management proxy will also replace any vote on the original
white proxy issued by management in May.


About RX Exploration Inc. 

RX Exploration Inc. is a gold exploration company whose strategy is to
re-examine gold and silver projects within North America that have previously
reached advanced exploration, underground development or past gold or silver
production. The Company is currently focused on re-starting production from its
Drumlummon Mine, a past producing high-grade, bonanza-type, epithermal
underground gold and silver mine in Montana.


The Company's shares are listed on TSX-V (Symbol: RXE) and on the OTCQX (Symbol:
RXEXF). There are 160,438,980 common shares issued and outstanding.


Forward Looking Information 

This press release contains forward-looking information within the meaning of
applicable securities laws. Forward-looking information may relate to RX
Exploration Inc.'s ("RXE") future outlook and anticipated events or results and
may include statements regarding the future business strategy, and plans and
objectives of RXE. 


Forward-looking information involves known and unknown risks, uncertainties and
other factors which may cause the performance or achievements of RXE to be
materially different from any future performance or achievements expressed or
implied by the forward-looking information. Examples of such statements include
expectations and prospects of RXE with respect to business strategies, business
prospects and opportunities. Actual results and developments may differ
materially from those expressed or implied by the forward-looking statements
contained in this presentation. Such forward-looking statements are based on a
number of assumptions that may prove to be incorrect. 


By its nature, forward-looking information involves numerous assumptions, risks
and uncertainties and other factors that contribute to the possibility that the
predicted outcome will not occur. Accordingly, readers should not place undue
reliance on forward-looking statements. The factors identified above are not
intended to represent a complete list of the factors that could affect RXE.


RXE is not under any obligation and does not undertake to update this
information at any particular time and assumes no obligation to update or revise
forward-looking statements should circumstances change.


On Behalf of the Board

John F. O'Donnell, Chairman of the Board

John A. Ryan, Chief Financial Officer

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