Plate Resources Inc. Announces Grant of Stock Options

600-666 Burrard Street Vancouver, B.C. V6C 3P6 Phone: (604) 642-6175

News Release

PLATE RESOURCES INC. ANNOUNCES GRANT OF STOCK OPTIONS

Vancouver, British Columbia, January 21, 2014 – Plate Resources Inc. (TSXV: PLR) (the “Company”) announces that it has granted an aggregate of 630,000 incentive stock options (the “Options”) to individuals who are directors, officers, consultants or employees of the Company. All of the Options are exercisable at a price of $0.20 per share for a period of three (3) years, ending January 21, 2017. The Options have been granted under and are governed by the terms of the Company’s incentive stock option plan.

The Company also announces that it has cancelled 200,000 stock options held by Jerry Minni, the Company’s Chief Financial Officer.

The Company is a junior resource exploration company focused on acquiring mineral and oil and gas properties and exploring for economically viable mineral and petroleum resources. The Company’s existing mineral property is located in the Nicola Mining District of south Central British Columbia. For more information, please refer to the Company’s prospectus dated March 21, 2013 available on SEDER (www.sedar.com).

For further information, contact Harry Katevatis, President, Director and Chief Executive Officer, at (604) 642-6175 or visit www.plateresourcesinc.com.

ON BEHALF OF THE BOARD OF DIRECTORS

"Charalambos (Harry) Katevatis"

Harry Katevatis, President, Director and Chief Executive Officer

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.