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Triex Minerals Announces $7.0 Million Financing
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Vancouver, BC - Triex Minerals Corporation (TXM-TSX.V) ("Triex") is
pleased to announce that it has entered into an agreement to complete a
brokered private placement financing (the "Offering") of $6.4 million,
on a commercially reasonable efforts agency basis, through a syndicate
of agents led by Dundee Securities Corporation, including Toll Cross
Securities Inc., and Wellington West Capital Markets Inc. (the
"Agents"). Additionally, the Company will use its best efforts to
complete an additional non-brokered offering of $640,000.

The Offering provides for the issue of up to 1,000,000 flow-through
common shares ("Flow-Through Shares") at $3.40 per Flow-Through Share
for gross proceeds of $3,400,000 and up to 1,000,000 units ("Units") at
$3.00 per Unit for gross proceeds of up to $3,000,000. Each Unit will
consist of one common share and one-half of one non-transferable common
share purchase warrant (each whole warrant a "Warrant"). Each Warrant
will be exercisable for an additional common share ("Warrant Share") of
Triex for a period of 18 months from the date of closing ("Closing
Date") at a price of $3.50 per Warrant Share. In the event that Triex's
Common Shares trade at a closing price on the TSX Venture Exchange of
greater than $4.50 per share for a period of 20 consecutive trading
days at any time after four months and one day after the Closing Date,
Triex may accelerate the expiry date of the Warrants by giving notice
to the holders thereof and in such case the Warrants will expire on the
30th day after the date on which such notice is given by Triex.

In addition, Triex further announces that it will use its best efforts
to arrange a non-brokered private placement of up to 100,000
Flow-Through Shares at a price of $3.40 per share and up to 100,000
Units at a price of $3.00 per unit for aggregate gross proceeds of a
further $640,000. The units will have the same terms as the Units sold
under the Offering.

Triex will ensure that gross proceeds from the sale of the Flow-Through
Shares will be used to incur Canadian Exploration Expenses for the
purposes of the Income Tax Act (Canada) and such Canadian Exploration
Expenses will be renounced with an effective date of no later than
December 31, 2007. The net proceeds from the sale of the Units will be
used for working capital purposes. All securities issued in connection
with the Offering and the non-brokered private placement will be
subject to a four month hold period. The Offering and the non-brokered
private placement are scheduled to close on or about December 20, 2007
and are subject to regulatory approval.

Triex will pay a cash fee to the Agents equal to 6% of the total gross
proceeds of the Offering. In addition, the Agents will receive
compensation warrants ("Compensation Warrants") exercisable for
non-flow-through common shares equal to 6% of the number of
Flow-Through Shares and Units sold under the Offering. The Compensation
Warrants will be exercisable at a price of $3.10 per share for a period
of 12 months after the Closing Date.

The securities being offered have not been registered under the U.S.
Securities Act of 1933, as amended, and may not be offered or sold in
the United States in the absence of registration or an applicable
exemption from the registration requirements. This press release does
not constitute an offer to sell or the solicitation of an offer to
purchase securities in the United States.
The TSX Venture has not reviewed and does not accept responsibility for
the adequacy or accuracy of this release.

Triex is a Canadian junior mineral exploration company focused on
uranium opportunities in North America. The company is working in three
proven districts, advancing nine core projects which span grass roots
reconnaissance exploration to advanced-stage resource delineation. The
2007 exploration budget is $8.7 million.

TRIEX MINERALS CORPORATION

"Michael Gunning"

Michael Gunning, President

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Copyright (c) 2007 TRIEX MINERALS CORPORATION (TXM) All rights
reserved. For more information visit our website at
http://www.triexminerals.com/ or send mailto:info@triexminerals.com
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