Metalex Announces Grant of Stock Options

203-1634 Harvey Ave Kelowna, B.C Canada, V1Y 6G2 Tel 250.860.8599 Fax 250.860.1362 www.metalexventures.com [email protected]

METALEX ANNOUNCES GRANT OF STOCK OPTIONS

Kelowna, Canada – February 11, 2016 – Metalex Ventures Ltd. (TSXV : MTX) (the “Company”) announces that it has granted 400,000 options to certain officer of the Company. The options have an exercise price of $0.08 and a term of 10 years, expiring January 13, 2026.

For Further Information Please Contact:

Chad Ulansky, President & CEO (250) 860 – 8599 [email protected]

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.