NXX

NORDEX EXPLOSIVES LTD. (TSX VENTURE:NXX) ("Nordex" or the "Company") announced
the results of its annual and special meeting of shareholders held in Timmins on
June 27, 2013 (the "Meeting"). The Company is pleased to report that the
shareholders re-elected Dr. Lee Michael Luciani, Thor E. Eaton, James O'Reilly,
Peter Crossgrove and Joseph Hunnisett to the Board. In addition, the
shareholders approved Bylaw No. 2 of the Company as described in the press
release of the Company dated April 30, 2013. 


Nordex also announced that the shareholder rights plan (the "SRP") of the
Company, which was announced in the press release dated May 24, 2013, was not
put forward as an item of business at the Meeting and it has terminated in
accordance with its provisions. As a result, the SRP and all outstanding Rights
(as such term is defined in the SRP) thereunder are null and void and of no
further force and effect effective June 27, 2013. 


The Company further announced that its existing 10% rolling stock option plan
(the "Plan") was not approved by shareholders at the Meeting. Since the TSX
Venture Exchange ("TSXVE") requires that all listed issuers (other than capital
pool companies) must implement a stock option plan, the Company further
announced that, subject to the approval of the TSXVE, the Board of Directors has
approved amending the Plan from a "rolling" plan to a "fixed number" plan in
accordance with applicable TSXVE policies. The amended Plan provides that the
number of options available for grant will be fixed at 2,031,483 options, or
equal to approximately 10% of the currently issued and outstanding common shares
of the Company as of the date of the amendment in accordance with the provisions
of the TSXVE. As the number of options available for grant is a fixed number,
such number will not increase as the Company's issued and outstanding share
capital increases. All previously granted stock options currently outstanding
will continue to be subject to the amended Plan. 


Further to its press release of June 11, 2013, the Company announced that,
subject to the approval of the TSXVE, Capital Ideas Investor Relations has been
granted a total of 300,000 stock options priced as follows: 150,000 options
priced at $0.50 per share and 150,000 options priced at $0.75 per share. These
options will vest in accordance with applicable TSXVE policies and will expire
the earlier of 5 years from the date of grant or 30 days after investor
relations services terminate.


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 Explosives 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.


Neither 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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nordex Explosives Ltd.
Jim Taylor
President & Chief Executive Officer
(705) 642-3265 #4
jtaylor@nordexexplosives.com
www.nordexexplosives.com

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