Monday, June 06, 2011

NEWS RELEASE

Acrex Ventures' Rainbow Canyon Property Purchase Accepted By Stock Exchange
Rock Sampling Program Confirms Widespread Gold Mineralization on the Property

Acrex Ventures Ltd. (the "Company") Acrex Ventures Ltd. is pleased to announce that the TSX Venture Exchange has accepted for filing the Purchase Agreement pursuant to which the Company agreed to purchase the Rainbow Canyon property from Gold (USA) Invest, Inc. (a wholly owned subsidiary of Entr�e Gold Inc.). The Purchase Agreement was detailed in the Company's News Release dated March 31, 2011. The purchase price of the property is $125,000 (US) cash. A 3.0% NSR royalty is reserved to the vendor subject to the Company's option to purchase up to a 2.0% NSR royalty from the vendor by the payment of $500,000 for each 1.0% NSR royalty purchased.

In April, 2011, Acrex completed rock sampling of the same sites as were sampled by PacMag Metals (now Entr�e Gold Inc) in 2009 in order to confirm the results of the earlier PacMag sampling. Grab samples taken by Acrex and PacMag consisted of quartz vein, quartz veinlet and altered wallrock material that occurs in prospect pits, rock dumps, trenches and some outcrop on the claims. Results show that, of the 30 sites sampled in both years, 20 of the 30 Acrex samples have >0.50 g/t gold and 14 samples had > 1.0 ppm Au with a maximum, in one sample, of 48.2 g/t gold. These compare favorably with the 2009 PacMag samples where 24 of the 30 coincident samples had >0.50 g/t gold and 19 samples had > 1.0 g/t Au - one with a maximum value of 20.86 g/t Au.

The Company also staked an additional 48 claims (960 acres/388.5ha) to the south and west of the purchased claims, almost doubling the size of the claim holdings. Attached is a copy of a map of the property.

The Rainbow Canyon property is located within a mining friendly jurisdiction. The Rainbow Canyon gold mineralization is thought to be similar in age and host rock type to the nearby Comstock Mine. The property is situated within the Walker Lane structural belt which is host to several major gold and silver deposits with historical production records, including the bonanza gold vein deposits of the Comstock Mine (7.65 Moz. gold and 177.0 Moz. silver), as well as large bulk-mineable gold-silver deposits such as the Rawhide Mine (1.5Moz. gold), and Paradise Peak (1.6 Moz. gold and 22.0 Moz. silver).

As was disclosed in the Company's New Release dated March 25, 2011, the Company had prepared and filed a 43-101 compliant report on the purchased claims by J. Allan McNutt, P.Geo. In the report, dated May 18, 2011, Mr. McNutt has recommended a work program on the property, which includes 2,000 meters of diamond drilling, at an estimated cost of $480,000. The report can be viewed on SEDAR or on the Company's website.

The recent exploration program on the Rainbow Canyon property was supervised by Mr. J. Allan McNutt, P.Geo. Mr. McNutt has reviewed and verified the contents of this news release and is the Company's Qualified Person for the purposes of National Instrument 43-101.

With the continued strength in the gold price Acrex is well positioned for 2011.

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FOR FURTHER INFORMATION ON ACREX VENTURES PLEASE CONTACT:

Investor Relations -

Tel: (604) 618-1758
Fax: (604) 277-0815

e-mail: info@acrexventures.com
website: www.acrexventures.com

ACREX VENTURES LTD.

Per:
T.J. Malcolm Powell,
President

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 News Release.

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Acrex Ventures Ltd

	EN DÉVELOPPEMENT
	CODE : AKV.V
	ISIN : CA0049371085

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Acrex Ventures est une société d’exploration minière d'argent et d'or basée au Canada.

Son principal projet en développement est SPANISH MOUNTAIN au Canada et son principal projet en exploration est GRIZZLY-KELLAR LAKE au Canada.

Acrex Ventures est cotée au Canada et aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 407 600 CA$ (382 492 US$, 280 252 €).

La valeur de son action a atteint son plus haut niveau récent le 29 décembre 2006 à 0,46 CA$, et son plus bas niveau récent le 09 juillet 2014 à 0,01 CA$.

Acrex Ventures possède 40 760 000 actions en circulation.

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Acrex Ventures Ltd

' Rainbow Canyon Property Purchase Accepted By Stock Exchange and Rock Sampling Program Confirms Wid

Acrex Ventures Ltd