Tirex Financing Update

700–510 West Hastings St. Tel: 604-687-7160 www.tirexresources.com Vancouver B.C. [email protected] Canada V6B 1L8 TXX: TSX-V

March 3, 2014 - NR 3-2014

Tirex Financing Update

Further to the Tirex News Release on February 26, 2014 regarding the company's placement with Global Resource Investment Trust ("GRIT"), we are pleased to announce that GRIT expects admission to the premium list segment of the Official List of the London Stock Exchange effective on Friday 7 March 2014.

Tirex is also pleased to announce further to a Price Reservation filed with the TSX Venture Exchange on February 18, 2014, the Company has arranged a non-brokered private placement of up to 5 million shares at a price of $0.30 per share, to raise gross proceeds of up to $1,500,000 cash, additional to the funding arranged with GRIT. This small cash raise will give the company working capital for Albania and will also give the company enhanced flexibility that will ensure it does not have to sell GRIT shares until it is deemed by the company attractive to do so.

On Behalf of Management,

Bryan Slusarchuk, CEO

Tirex Resources Ltd.

700 – 510 West Hastings Street Vancouver, B.C., Canada V6B 1L8 Tel. 604-687-7160 Fax. 604-608-9110 Email: [email protected] Website: www.TirexResources.com

"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."