First Point Grants Stock Options

Suite 906 – 1112 West Pender Street Vancouver, BC Canada V6E 2S1 Tel: 604.681.8600 Fax: 604.681.8799 e-mail: [email protected]

February 15, 2012

First Point Grants Stock Options

First Point Minerals’ Board of Directors has approved the granting of stock options to directors, officers and employees for a total of 2,390,000 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 February 14, 2012, have an exercise price of $0.75 per share and expire February 14, 2017.

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

For more information, please view the Company’s website at www.firstpointminerals.com or phone Peter Bradshaw, Chairman, or Rob Robertson, VP Corporate Development, at (604) 681- 8600.

FIRST POINT MINERALS CORP.

"Peter Bradshaw"

Peter Bradshaw, Ph.D., P. Eng., Chairman

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