Cambiex Successfully Closes Transaction With Yorkton Securities.

MONTREAL--(BUSINESS WIRE)--Sept. 25, 1996--CAMBIEX EXPLORATION (ME,TSE:CBX CBX.WT) Cambiex Exploration Inc. ("Cambiex") announced today that it has successfully closed its transaction with Yorkton Securities Inc. for the issue of Cdn $5,796,000 in special warrants to be exchanged on a one-for-one basis into 4,830,000 common shares at a price of $1.20 per share.

Cambiex will use the net proceeds of the issue to conduct additional exploration work on properties currently held by it or which subsequently become available to it and for general corporate purposes.

Cambiex is an exploration company with interest in several properties in French Guiana, Latin America, the United States (Nevada and Idaho) and Canada. Cambiex common shares trade on the Montreal and Toronto stock exchanges under the symbols CBX.

CONTACT: Cambiex Exploration Inc.

Jean Depatie, 514/878-3166

or

Cambiex Exploration Inc.

Pierre D. Chenard, 514/878-3166

or

Cambiex Exploration Inc.

Victoria Putnam, 514/878-3166