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Matica Board Adds Financial Depth

2015-05-25 14:11 ET - News Release

Toronto, Ontario--(Newsfile Corp. - May 25, 2015) - Matica Enterprises Inc. (CSE: MMJ) (FSE: 39N) (OTC: MQPXF) ("Matica" or the "Company") is pleased to announce that Mr. George A. Brown has agreed to join the Board of Directors of Matica effective immediately.

Mr. Brown graduated with honours from Bishop's University with a Bachelor of Business Administration degree majoring in accounting and finance. Mr. Brown has agreed to be the chairman of the Company's Audit Committee as an independent director. Mr. Brown is currently the President and a Director of MacMillan Minerals Inc. Mr. Brown has also been an officer and director with MacMillan Gold Corp., Duran Ventures Inc., and Cache Exploration Inc. Mr. Brown's work experience includes financial reporting for Camchib Resources Inc., the Quebec mining subsidiary of Campbell Resources Inc. Mr. Brown has also been the Controller of Cullaton Lake Gold Mines Ltd. which operated a 350 ton per day gold mining operation in the Northwest Territories (now Nunavut). Mr. Brown has looked after the financial reporting functions for numerous junior resource companies including Corner Bay Silver Inc. until its amalgamation with Pan American Silver Inc.

Matica Enterprises CEO, Boris Ziger states, "The recent issues faced by Matica in the filing of our annual financials made us aware of the need to add more depth to our audit committee. We are very pleased to have someone with Mr. Brown's experience join our team. Mr. Brown has also agreed to become an independent director of Raveline Exploration Ltd. upon completion of our plan of arrangement currently in progress."

About Matica Enterprises Inc.
Matica is has signed a definitive agreement to earn a fifty percent interest in THC Dispensaries, Inc ("THCD"), a Nova Scotia applicant under the Marijuana for Medical Purposes Regulation ("MMPR"). THC Dispensaries has received a "Ready To Build" letter from Health Canada and is awaiting the pre-licence inspection to become a Licenced Producer under MMPR. The entire operation sits on 35 acres of land in the town of Antigonish. For more information on Matica Enterprises please visit the website at: www.maticaenterprises.com.

On behalf of the Board of Directors
MATICA ENTERPRISES INC.

Boris Ziger
Boris Ziger, CEO & Chairman

The Company's filings are available for review at www.sedar.com and www.thecse.com.

For further information, please contact Boris Ziger, Chief Executive Officer, at:
Telephone: 416-304-9935
E-mail:
info@maticaenterprises.com
Website:
www.maticaenterprises.com

Disclaimer for Forward-Looking Information
This news release contains statements about the Company's information that will be made available on the S&P Capital IQ Corporation Records Listing Program and the business of Matica, specifically any potential licensing under the MMPR, that are forward-looking in nature and, as a result, are subject to certain risks and uncertainties.  Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from the forward-looking statements.  Factors that could cause the actual results to differ materially from those in forward-looking statements include failure to receive its Licensed Producer designation for any reason
 whatsoever.  The forward-looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law.

Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. We seek Safe Harbor.

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