Tiex Inc. - Update on Bulk Tonnage Target at Gold Creek Project

KELOWNA, July 9, 2012 - Tiex Inc. (TSXV: TIX) ("Tiex" or the "Company") further to its January 23th, 2012 news release, is pleased to present an update on the Company's bulk-tonnage sedimentary hosted gold, Gold Creek Project in the Quesnel Terrane of central British Columbia.

Spanish Mountain Gold Ltd.'s news release of June 19, 2012, "Spanish Mountain Gold Reports Final Assay Results from In-full Drilling Program - 130.43m Grading 1.31 g/t Gold in Hole DH - 1130", shows an increase in the grade of their Main Zone, which a combination of geology, airborne and ground geophysics, geochemical, and drill assay results performed by Tiex and Acrex Ventures Ltd., continues to support a corridor of gold-bearing volcanic and sedimentary hosted vein rock that extends from this Main Zone to and continues on as the 12 Km strike length of our Company's Gold Creek Project. This area is showing great promise as described in Tekoa Da Silva's article distributed to various media including Stockhouse June 25,2012, "Jim Rogers appointed director of Canadian gold Junior", http://bullmarketthinking.com/jim-rogers-and-dream-team-of-legendary-investors-team-up-on-gold-exploration-play-spanish-mountain-gold-ltd/. Tiex's property adjoins Spanish Mountain Gold Ltd.'s property on the northwest by its Gold Creek Project and on the southeast by its Cedar and Louis Project.

Ken Faulkner, President and C.E.O. comments, "Our Gold Creek project, which surrounds on 3 sides the Spanish Mountain deposit, compares very favorably to their geology to date. The geological work as well as drill data we have completed over the last year, proves that point. We also know, given the compilation of this data, that we can calculate a preliminary reserve with a few more in-fill holes. This is an exciting prospect, when you consider the type of individuals Spanish Mountain has attracted to this area. It paints a picture and, I believe is a testament to the fact that this area in the Cariboo has significant importance, in very influential and respected circles."

Stephen Wetherup, B.Sc., P.Geo. is the Qualified Person as defined by National Instrument 43-101 and is responsible for the technical information provided in this release.


About Tiex Inc:

Tiex Inc. is a TSX Venture listed mineral exploration company focused on the exploration of its 95,559 ha Cariboo Region properties, including the 16,180 ha Bullion Property which is under an earn-in option/joint venture agreement with Newmont Canada Corporation as announced in the Company's April 27, 2011 news release. The properties are located in the prolific Quesnel Terrane of central British Columbia, Canada and are accessible by highway and logging roads year round. For more information, you can visit the company's website at: www.tiexinc.com.


ON BEHALF OF THE BOARD OF DIRECTORS,

"Kenneth D. Faulkner"
President & CEO



Certain information regarding the Company including management's assessment of future plans and operations, may constitute forward-looking statements under applicable securities laws and necessarily involve risks associated with mining exploration and development, volatility of prices, currency fluctuations, imprecision of resource estimates, environmental and permitting risks, access to labour and services, competition from other companies and ability to access sufficient capital. As a consequence, actual results may differ materially from those anticipated in the forward-looking statements.

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.

Shares Issued: 46,329,480



For further information:

TIEX Inc.
Ken D. Faulkner, President & CEO
Telephone: (250) 869 - 1607
Facsimile: (250) 868 - 0798
Email: ceo@tiexinc.com