Jiminex Inc. (TSX VENTURE:JIM) ("Jiminex" or the "Company") announces that it
has privately placed 6,725,000 Units ("Units") at $0.08 per Unit for gross
proceeds of $538,000. As a result of this placement, the Company has 47,152,912
common shares issued and outstanding. 


The Units are priced at $0.08 and consist of one common share (a "Common Share")
and one-half (1/2) of a common share purchase warrant (a "Warrant") of the
Company. Each Warrant will entitle the holder to acquire one Common Share for a
period of two years from the date of issuance at an exercise price of $0.12 per
Common Share.


The securities issued pursuant to this private placement will be subject to a
four month hold period which expires on November 19, 2012.


The Company has agreed to pay cash finder's fees totaling $37,660 plus
applicable taxes and issue 470,750 Finder's Options. Each Finder's Option
entitles the holder to acquire one common share of the Company at a price of
$0.08 per share for a period of two years from the date of issuance.


The Company intends to utilize the proceeds from the private placement
principally for exploration on its properties as well as for general working
capital purposes.


The Company and the board of directors are also pleased to announce the
appointment of Messrs Johnson S. Zhang and Guoshan Ma as new members to the
board of directors. Mr. Zhang is the President of the Toronto-based Gloss Gold
Investment Ltd., Canada Bai Heng Group Ltd. and Lian Feng Mining Group Co., Ltd.
Mr. Zhang was Assistant to the Chairman of Zhong Hua International Holdings
Limited, a Hong Kong Stock Exchange listed company, from May 2000 to September
2007. Mr. Zhang has extensive experience in the mining operations and capital
markets. Mr. Ma is a director of Baosheng Science and Technology Innovation Co.,
Ltd, a Shanghai Stock Exchange-listed company and has extensive experience in
the capital markets. Mr. Ma was the manager of Beijing Run Hua Xin Tong
Investment Group Ltd. from January 2000 to March 2010. 


The board of directors has also appointed Mr. Zhang as President. Mr. James R.B.
Parres will remain as Chief Executive Officer of the Company with his duties
focused on the continued exploration and development of the Company's
properties.


The Company would also like to announce the resignation of Mr. Mark Billings
from Jiminex's board of directors. The Board would like to recognize and
sincerely thank Mr. Billings for his services to the Company over the past two
years.


About Jiminex

Jiminex Inc. was listed as a resource company on the TSX venture exchange in
2009 and is focused on gold exploration in Canada. The Company acquired three
high potential properties located in three well-known mining camps. The
100%-owned Misehkow River property is sited in the Pickle Lake gold mining
region of Ontario near to the Pickle Crow Project of PC Gold Inc. and in the
same general region as the Musselwhite Mine currently being mined by Goldcorp
Inc. Misehkow River presents an opportunity to possibly locate more than one
gold deposit within a large target area. The Northern Eagle property is located
in the Hemlo gold mining camp, Ontario close to the 22 million ounce Hemlo
deposit being mined by Barrick Gold Corp. The property is considered one of the
best target areas in which to locate another Hemlo-style gold deposit and
Jiminex has earned a 50% interest from Beaufield Resources Inc. The 100% owned
Parres and Parres Two properties are located in the Snow Lake copper-zinc and
gold mining camp of Manitoba where the major Lalor Lake copper-zinc and gold
deposit discovery of HudBay Minerals Inc. is actively being explored and
developed.


Allan J. Willy, P. Eng., VP Exploration & Director of Jiminex, is the qualified
person responsible for the geotechnical content of the Company's public
information.


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your name (optional) and email address to info@jiminex.com.


FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements that are subject to
known and unknown risks and uncertainties that could cause actual results to
vary materially from targeted results. Such risks and uncertainties include
those described in the Company's periodic reports including the annual report or
in the filings made by the Company from time to time with securities
regulations. The Company undertakes no obligation to publicly release the result
of any revision of these forward-looking statements to reflect events or
circumstances after the date they are made or to reflect the occurrence of
unanticipated event.