FOR IMMEDIATE RELEASE 

June 15, 2000

Contact: Jackie Reid            The Tirex Corporation

(OTC BULLETIN BOARD – "TXMC")

Tel: 514.933.2518, Fax: 514.933.6368, www.tirex.com

TIREX TIRE RECYCYLING TECHNOLOGY GENERATES INTEREST WORLDWIDE

MONTREAL, CANADA, June 15, 2000 --- The TIREX Corporation (OTCBB-TXMC) announced today that recent demonstrations of its patented cryogenic tire recycling technology, the TCS-1, have stepped up negotiations for marketing, selling and manufacturing the TCS-1 and its products worldwide.

Representatives from the Chinese Embassy in Canada, the Canadian Board of Trade and Industry with China, the Canadian-Mexican Foundation, a Hong Kong import / export company, a project financing and international commercial trading company from Ontario, a technology transfer company from Tel Aviv representing the Russian market, a representative from Italy proposing to the Italian Government for Industrial Development, and a local large volume consumer of crumb rubber, visited the Tirex facility in Montreal recently to witness the TCS-1 in full operation. Vice President of Engineering and inventor, Louis V. Muro, declares "We’ve been operating the TCS-1 in a production mode for the past several weeks producing an exceptional quality of crumb rubber and our first "real" numbers which show the economic viability of the TCS-1."

Following his visit to Tirex, Dr. James Ma, Ph.D., President of the Board of Trade and Industry Canada-China, sent a letter to Tirex President, John L. Threshie Jr., stating that (sic) "I was very impressed by your TCS-1 technology, which will be promising in Chinese Market. China Government paid much attention to Environmental Protection Projects. We need high efficient and environmentally sound solutions for recycling used tires to replace the traditional burning-out highly-polluted measures. TCS-1 is the right one we are looking for. I will strongly recommend our members in China to promote this technology."

Tirex also announced that it had received the final payment of the $1,240,000 CDN Canadian Federal Government Refundable Investment Tax Credit Program for 1998-1999 for approximately $164,000 CDN. The funds have been used to pay down on the current line of credit with Scotiabank. Tirex will apply for continued support from the Canadian Government for the 1999-2000 Research and Development Programs.

Mr. Threshie added, "Tirex’s doors are open to the world to demonstrate our unique patented process is proprietary and, in our opinion, the most economical and environmentally viable recycling solution to the scrap tire problem."