Toronto -- February 4, 2010 – Adex Mining Inc. ("Adex" or the "Company") (TSX-V: ADE) is pleased to announce that the board of directors today granted an aggregate of 1,750,000 stock options of the Company (the "Options") to its directors and officers and to certain employees and consultants of the Company.

Each Option entitles the holder to acquire one common share of the Company at a price of $0.15. The Options, which vest quarterly over a period of twelve months, expire on February 3, 2015.

FOR FURTHER INFORMATION PLEASE CONTACT:

J. Errol Farr, CMA
President, Chief Executive Officer and Director
Adex Mining Inc.
1-866-508-2339 (ADEX)
Email: investorrelations@adexmining.com
Website: www.adexmining.com

No securities commission or regulatory authority has approved or disapproved the contents of this press release.

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 release