Beijing Donia Resources Co., Ltd. announces the acquisition of units of Silvore Fox Minerals Corp.

TORONTO, ONTARIO–(Marketwire – July 3, 2012) – Beijing Donia Resources Co., Ltd. ("Beijing Donia"), of Floor 7, Youse Dizhi Building, Block 4, Yard 5, Beiyuan, Anwai, Chaoyang District, Beijing, China, announces that it has acquired 16,111,111 units ("Units") of Silvore Fox Minerals Corp. ("Silvore Fox") at a price of $0.09 per Unit for the aggregate consideration of $1,450,000. Each Unit consists of one common share ("Common Share") and one-half of one common share purchase warrant (each whole common share purchase warrant a "Warrant"). Each Warrant entitles the holder to purchase until June 28, 2014 an additional common share of the Corporation at a price of $0.12 per share prior to June 29, 2013 and at a price of $0.15 per share from June 29, 2013 until June 28, 2014.

Prior to the acquisition, Beijing Donia owned 49,067,661 common shares and common share purchase warrants entitling Beijing Donia to acquire an additional 4,606,944 common shares of Silvore Fox, which represents 32.79% of the issued and outstanding common shares of Silvore Fox on a partially diluted basis, assuming exercise of common share purchase warrants by Beijing Donia only.

As a result of the private placement, Beijing Donia now holds a total of 65,178,772 common shares and a total of 12,662,499 common share purchase warrants entitling Beijing Donia to purchase common shares of Silvore Fox, for an aggregate total of 77,841,271 securities, which represents approximately 40.44% of Silvore Fox's issued and outstanding common shares on a partially diluted basis, assuming the exercise of the common share purchase warrants held by Beijing Donia only.

The Units were acquired by Beijing Donia for investment purposes. Beijing Donia may, in the future, acquire ownership and control over additional securities of Silvore Fox for investment purposes.

The Units were acquired pursuant to Section 2.3 of National Instrument 45-106 Prospectus and Registration Exemptions.

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Wenshan Zhang
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