TH Crestgate GmbHP entered into a agreement acquire the properties in Spain and Portugal from Portex Minerals Inc.

Portex Minerals Inc. is a Canada-based mineral exploration and development company. The Company's primary focus was the acquisition, exploration and development of viable base and precious metal properties. The Company has sold its exploration concession in South West Portugal and approximately two exploration properties in North West Spain. The Company intends to change its business strategy and exit the mining business. The Company is in the process of evaluating other business opportunities. The Company has no operating revenues.