NXX

NORDEX EXPLOSIVES LTD. (TSX VENTURE:NXX) ("Nordex" or the "Company"), a
Canadian-based industry leader in the manufacturing and distributing of
explosives for the mining, quarry and construction industries, announced that it
has engaged Capital Ideas Investor Relations ("Capital Ideas") effective
December 3rd, 2012 (the "Effective Date") to provide investor relations services
to the Company. Capital Ideas helps companies raise their profiles. 


Subject to TSX Venture Exchange approval, the agreement for investor relations
services is for a term of one year from the Effective Date, and may be renewed
upon mutual agreement. The agreement may be terminated by either party upon 30
days' written notice. Under the terms of the agreement, Capital Ideas receives
$5,000 per month in fees and reimbursement of its expenses. As part of this
agreement, and subject to TSX Venture approval, Capital Ideas will be granted a
total of 300,000 stock options priced as follows: 150,000 of such options will
be priced at $0.50 per share and the remaining 150,000 options will be priced at
$0.75 per share. These options will expire no later than 5 years from the date
of grant. All unexercised stock options will be cancelled 30 days after investor
relations services are terminated.


Anthony Durkacz, a principal of Capital Ideas, holds 75,000 common shares of the
Company. 


ABOUT NORDEX EXPLOSIVES: LES EXPLOSIFS NORDEX LTEE./NORDEX EXPLOSIVES LTD. is a
manufacturer and distributor of explosives for the mining, quarry and road
construction industries since 1970. Its manufacturing operations and
distribution centre is strategically located in one of the world's largest
mining regions near Kirkland Lake, Ontario. Nordex is the exclusive supplier of
the Econotrim and Ezicharge Johnex explosive products in Canada. Nordex trades
on the TSX Venture Exchange under the symbol "NXX".


OTHER INFORMATION

Additional Information relating to the Company is available on SEDAR at
www.sedar.com.


Forward-Looking Statements 

Certain information included herein may contain "forward-looking statements"
which reflect the current expectations of Management of the Company regarding
the Company's future growth, results of operations, performance, business
prospects and opportunities. Wherever possible, words such as "may", "would",
"could", "should", "will", "anticipate", "believe", "plan", "expect", "intend",
"estimate", "aim", "endeavor", "seek", "predict", "potential" and similar
expressions have been used to identify these forward-looking statements. These
statements reflect Management's current beliefs with respect to future events
and are based on information currently available to management of the Company.
Forward-looking statements involve significant risks, uncertainties and
assumptions. Many factors could cause the Company's actual results, performance
or achievements to be materially different from any future results, performance
or achievements that may be expressed or implied by such forward-looking
statements, including, without limitation, cancellations of or the failure to
renew purchase orders; production and delivery issues; quality, pricing and
availability of raw materials; compliance with environmental regulations;
exchange rate fluctuations as well as the other risks identified in the "Risk
Factors" contained in the Company's Management's Discussion and Analysis for the
Third Quarter and other public filings (copies of which may be obtained at
www.sedar.com). Should one or more of these risks or uncertainties materialize,
or should assumptions underlying the forward-looking statements prove incorrect,
actual results, performance or achievements may vary materially from those
expressed or implied by this news release. These factors should be considered
carefully and the reader should not place undue reliance on the forward-looking
statements. Although any forward-looking statements contained in this news
release are based upon what Management currently believes to be reasonable
assumptions, the Company cannot assure readers that actual results, performance
or achievements will be consistent with these forward-looking statements, and
Management's assumptions may prove to be incorrect. These forward-looking
statements are made as of the date of this news release, and, other than as
required by law, the Company does not intend, and does not assume any
obligation, to update or revise these forward-looking statements, whether as a
result of new information, future events or otherwise. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nordex Explosives Ltd.
Jim Taylor
President & Chief Executive Officer
705-642-3265, x4
jtaylor@nordexexplosives.com
www.nordexexplosives.com

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