Mr. Hugh Rogers reports

NEXCEL FILES PRELIMINARY SHORT FORM BASE SHELF PROSPECTUS

Nexcel Metals Corp. has filed a preliminary short form base shelf prospectus with the securities regulatory authorities in each of the provinces and territories of Canada.

Nexcel has filed this preliminary base shelf prospectus in order to provide the company with greater financial flexibility going forward but has not entered into any agreements or arrangements to authorize or offer any securities at this time.

When made final or effective, the base shelf prospectus will allow the company to offer and issue common shares, warrants, subscription receipts, debt securities, units or any combination thereof for up to an aggregate offering price of $25-million during the 25-month period that the base shelf prospectus is effective across one or more transactions. The specific terms of any offering of securities under the base shelf prospectus, including the use of proceeds from any offering, will be set forth in a shelf prospectus supplement which will be filed with the applicable Canadian securities regulatory authorities.

A copy of the preliminary short form base shelf prospectus can be found on SEDAR+.

About Nexcel Metals Corp.

Nexcel is a junior mining company engaged in the acquisition, exploration and development of mineral properties. The company is currently focused on the Lac Ducharme property located in the province of Quebec and the Burnt Hill property located in the province of New Brunswick.

We seek Safe Harbor.