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FPX.V ·

First Point Grants Stock Options

Share Capital & Compensation

Suite 906 – 1112 West Pender Street Vancouver, BC Canada V6E 2S1 Tel: 604/681-8600 Fax: 604/681-8799 e-mail “[email protected]” TSX Venture Exchange: FPX

May 27, 2010

First Point Grants Stock Options

First Point Minerals’ Board of Directors has approved the granting of stock options for a total of 1,775,000 shares. The grants are being made pursuant to the Company’s incentive stock option plan which provides for the granting of options to directors, officers, employees and consultants to the Company. The options are effective May 27, 2010, have an exercise price of $0.68 per share and expire May 27, 2015.

First Point Minerals Corp. is a Canadian base and precious metal exploration company focused on the Americas.

For more information, please view the Company’s website at www.firstpointminerals.com or phone Peter Bradshaw, President and CEO, or Ron Britten, Vice-President of Exploration, at (604) 681-8600.

FIRST POINT MINERALS CORP.

“Peter M.D. Bradshaw”

Peter M.D. Bradshaw, President

Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release