Mr. Tero Kosonen reports

FINEX METALS GRANTS STOCK OPTIONS AND ANNOUNCES BOARD CHANGE

Finex Metals Ltd. has granted 1.15 million incentive stock options to directors, officers, employees and consultants of the company. Each option is exercisable to purchase one common share of the company at a price of 12 cents for a period of five years. Of the options, 1.1 million will vest immediately and 50,000 will vest over a period of 12 months as to 25 per cent on the date that is three months from the grant date and a further 25 per cent on each successive date that is three months from the date of the previous vesting. The options are subject to the acceptance of the TSX Venture Exchange.

The company also announces that Ernest Mast has resigned from the board of directors, due to the increased demands of professional commitments on his time. The company sincerely thanks Mr. Mast for his contributions over the past several years and wishes him well in his future endeavours.

About Finex Metals Ltd.

Finex Metals is a mineral exploration company (focused on gold, nickel and platinum group elements) advancing a portfolio of 100-per-cent-owned, royalty-free projects in northern Finland, strategically located in the Central Lapland and Eastern Lapland greenstone belts. The company's projects are situated near existing mining operations and benefit from excellent infrastructure, a stable regulatory environment and a proven exploration model in one of Europe's most prospective and underexplored regions.

Finex Metals is part of the NewQuest Capital Group, a discovery-driven investment group that builds value through the incubation and financing of mineral projects and companies.

We seek Safe Harbor.