SXR Sgx Resources (delisted)

THIS PRESS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR
DISTRIBUTION TO U.S. NEWS WIRE SERVICES.


Dale Ginn, CEO of SGX Resources Inc. ("SGX") (TSX VENTURE:SXR), announced today
that SGX intends to make an application to the TSX Venture Exchange (the
"Exchange") to extend the maturity date of the outstanding common share purchase
warrants of SGX (the "Warrants") issued on December 30, 2010 pursuant to a
private placement offering (the "Private Placement"). 


Pursuant to the Private Placement, 788,650 units were issued. Each unit
consisted of nine common shares issued as "flow-through shares" within the
meaning of the Income Tax Act (Canada), one regular common share and five
Warrants. 125,405 Warrants have been exercised to date. Accordingly, there are
3,817,845 Warrants currently issued and outstanding. Each Warrant entitles the
holder to purchase one common share at a price of $0.45 until July 20, 2012.


SGX will apply to the Exchange to extend the maturity date of the Warrants to
December 31, 2012. All other terms and conditions of the Warrants will remain
unchanged. SGX anticipates receiving the decision of the Exchange regarding the
extension of the term of the Warrants within the next few days and will issue a
press release upon receipt of the decision of the Exchange.


The information in this release may contain forward-looking information under
applicable securities laws. This forward-looking information is subject to known
and unknown risks, uncertainties and other factors that may cause actual results
to differ materially from those implied in the forward-looking information.

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