Pasinex Resources Announces 2016 Financial Results and Returns a Profit

Pasinex Resources Ltd.

TORONTO, ONTARIO--(Marketwired - May 1, 2017) - Pasinex Resources Limited (CSE:PSE)(FRANKFURT:PNX) (the "Company" or "Pasinex") have released their 2016 financial results and they reflect a first-time net income for the Canadian entity of $829,906 as a result of a strong profit from their 50%-owned Horzum AS Joint Venture company ("JV company"), in Turkey. All dollar amounts are Canadian unless otherwise indicated.