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TerraX grants options to buy up to 500,000 shares

Share Capital & Compensation

TERRAX MINERALS INC.

Suite 2300 – 1066 West Hastings Street Vancouver, B.C.

V6E 3X2

May 5, 2014 TSX-V: TXR Frankfurt: TX0

NEWS RELEASE

TerraX grants options to buy up to 500,000 shares

TerraX Minerals Inc. (TSX.V: TXR; Frankfurt: TX0) has agreed, subject to regulatory approval, to grant incentive stock options on up to 500,000 common shares at an exercise price of $0.61 per share for a period of up to five years from the date of grant.

These incentive stock options were granted to Paradox Public Relations Inc., the Company’s investor relations consultants, and are subject to vesting provisions in accordance with TSX Venture Exchange policies.

On behalf of the Board of Directors

“STUART ROGERS”

Stuart Rogers Director

Contact: Paradox Public Relations

Phone: 514-341-0408 Toll Free: 1-866-460-0408

Neither the 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.