SFX Sphinx Resources Ltd

Silvore Fox Minerals Corp. (the "Corporation" or "Silvore Fox") (TSX
VENTURE:SFX) is pleased to announce the filing on SEDAR of the documentation for
the merger transaction (the "Transaction") with Golden Share Mining Corporation
("Golden Share"; jointly the "Parties") as previously announced on May 30th
2013.


Silvore Fox's annual and special shareholder meeting seeking approval from
shareholders for the Transaction will be held at 145 Riviera Drive, Unit 7 in
Markham, ON on Thursday, July 25th 2013, at 11:00 a.m. (Eastern time). Golden
Share will simultaneously hold its special shareholder meeting in Montreal. The
material for the annual and special shareholder meeting, including the joint
information circular as well as all related documentation, was distributed to
shareholders on June 28th 2013.


Each Party's board of directors firmly supports the Transaction which is
expected to provide Silvore Fox with a greater and more diverse asset base,
greater capitalization, better access to capital markets, and improved
liquidity.


The merged company will operate under the name Golden Share Mining Corporation
and will provide its shareholders with two quality metal projects in Ontario;
namely Berens River for gold and Pick Lake for zinc. Technical details for both
projects are included in the joint information circular and NI 43-101 compliant
reports for both properties were filed on SEDAR on June 20th and June 21st
respectively. Berens River, a Newmont past producing high grade gold-silver mine
north of Red Lake, and Pick Lake, a past producing satellite deposit of the high
grade Inmet Winston Lake zinc mine, will initially be at the forefront of the
new Golden Share's development strategy that will focus on high grade targets.


Mrs. Laurence Huss, M.Sc., P. Geo., Vice-president Exploration of Golden Share
and Mr. Philippe Giaro, P.Geo., President and CEO of Golden Share, each a
"Qualified Person" as defined in National Instrument 43-101, have reviewed and
approved the technical information contained in this news release.


Silvore Fox has signed a lock-up agreement with its major shareholder, Beijing
Donia Resources Co. Ltd., that, among other things, requires it to vote all of
its shares in favor of the Transaction while Golden Share has similarly signed a
lock-up agreement with its major shareholder, Lake Shore Gold Corp. (TSX:LSG).


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.


This press release contains "forward-looking information" within the meaning of
applicable securities laws relating to the intentions of the Corporation.
Readers are cautioned not to place undue reliance on the forward-looking
information. Actual results and developments may differ materially from those
contemplated by this forward-looking information. Such forward-looking
information is based on current expectations that involve a number of known and
unknown risks and uncertainties that may cause actual results to differ
materially from those expressed or implied by the forward-looking information.
Factors that could cause actual results to differ materially from any
forward-looking information include, but are not limited to, the risks of
obtaining all necessary shareholder and regulatory approvals for the proposed
merger, the risk that anticipated management and board members may not be
available to participate in the new Golden Share Mining Corporation, the risk
that funding for the company's operations cannot be obtained, delays in
obtaining or failures to obtain required governmental, environmental or other
project approvals, delays in the development of projects, uncertainties relating
to the interpretation of the geology, and unanticipated operational or technical
difficulties and other factors. Such forward-looking information is based on a
number of assumptions, including but not limited to, shareholder support for the
merger, the availability of skilled labour, availability of equipment, and
future capital and operating costs. The foregoing is more particularly discussed
in the Corporation's Information Circular dated June 21, 2013 available on
SEDAR. Should one or more risks and uncertainties materialize or should any
assumptions prove incorrect, then actual results could vary materially from
those expressed or implied in the forward-looking information and accordingly,
readers are cautioned not to place undue reliance on this forward-looking
information. The Corporation does not assume the obligation to revise or update
this forward-looking information after the date of this announcement or to
revise such information to reflect the occurrence of future unanticipated
events, except as may be required under applicable securities laws.


United States Shareholders

The Transaction described in this news release relates to common shares of a
Canadian company. U.S. shareholders should be aware that the Transaction is
subject to the disclosure requirements of Canada, which are different from those
of the United States. The financial statements included or incorporated by
reference in documents relating to the Transaction have been prepared in
accordance with International Financial Reporting Standards accounting
principles, and may be subject to Canadian auditing and auditor independence
standards, and thus may not be comparable to financial statements of United
States companies.


The enforcement by shareholders of civil liabilities under the United States
federal securities laws may be affected adversely by the fact that Silvore Fox
Minerals Corp. is incorporated under the laws of Alberta and Golden Share Mining
Corporation is incorporated under the federal laws of Canada, most of their
respective officers and directors are residents of Canada and other foreign
countries, and some or all of their respective assets and the assets of their
respective officers and directors are located outside the United States. U.S.
shareholders may not be able to sue a Canadian company or its officers and
directors in a Canadian or other foreign court for violations of U.S. securities
laws, and it may be difficult to compel a Canadian company and its affiliates to
subject themselves to a U.S. court's judgment.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Silvore Fox Minerals Corp.
Investor Relations
(905) 968-1154
ir@silvorefox.com

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