KXM

Kobex Minerals Inc. ("Kobex" or the "Company") (TSX VENTURE: KXM)(NYSE Amex: KXM) announces that effective October 26, 2009, the Company has sold 8,333,333 warrants of Blue Sky Uranium Corp. ("Blue Sky") that it had acquired as part of previous private placements (see Blue Sky news releases dated September 19, 2008 and October 29, 2008) for proceeds totalling $528,333.31 Canadian dollars. Kobex retains 8,333,333 common shares that it had acquired at $0.12 Canadian dollars per unit.

President Alfred Hills says, "Sale of these warrants reflects arrangements agreed to prior to our amalgamation on Sept. 30, 2009. Kobex believes that Blue Sky's recent exploration results and corporate news underscores Blue Sky as an exploration story in which Kobex is pleased to continue to hold a substantial position."

On behalf of the Board of Directors

KOBEX MINERALS INC.

Alfred Hills, President and CEO

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Contacts: Kobex Minerals Inc. Alfred Hills President 604-688-9368 Kobex Minerals Inc. Sam Yik CFO 604-688-9368 604-688-9336 (FAX) investor@kobexminerals.com www.kobexminerals.com