Barexor Minerals - Appointment.

VAL-D'OR, QUEBEC--(BUSINESS WIRE)--FEB. 7, 1996--BAREXOR MINERALS INC. (ME: BXR) Barexor Minerals is pleased to announce the appointment of Mr. James Wood to the position of Vice-President Corporate Development, United States.

Mr. Wood has considerable experience in the financing and development of exploration companies and will be a valuable asset to the management team.

At the same time, Mr. Wood has completed a $50,000 financing in Barexor subject to regulatory approval at $0.25 per share with a warrant exercisable in the next 18 months at $0.33.

CONTACT: Michel David, President

[phone], [phone] (fax)