Mr. Christopher Ecclestone reports

GEODEX ESTABLISHES SPECIALTY METALS TRADING HOUSE TO CAPITALIZE ON ANTIMONY MARKET REBOUND

Geodex Minerals Ltd. intends to establish a specialty metals trading house (SMTH) consortium that shall initially focus on the antimony space, subsequently adding other currently thinly traded strategic metals such as rare earths, scandium and beryllium. It is envisioned that other mining companies involved in the production of these metals could eventually join the consortium to achieve proprietary access to end-users. Talks are continuing with potential participants and investors in SMTH at this time.

Since announcing Geodex's refocus on antimony last year, the company has received a steady stream of unsolicited requests from end-users and producers to acquire or sell antimony in odd lots. This signalled that a clear opportunity was available for the company to utilize its skillsets to insert Geodex as an important player intermediating in the antimony space, rather than just an explorer aspiring to develop and eventually produce. These skillsets consist of the metals markets insight of current board members and plus-35 years of commodity trading experience of the two veteran traders on the advisory board, Dr. Michael Hirschberger and Evan Chen. Thus, the company plans to utilize its in-depth knowledge of the market to match trades in the Sb concentrate segment while continuing to advance its own exploration and development initiatives.

The company also takes advantage of this development to announce that it has signed an agency agreement for the South Korean market with Moon Kim and his trading firm, Lava Corp. of Seoul.

The opportunity to engage Mr. Kim is a result of the strong transactional relationship with the advisory board members. As a reminder to shareholders, the advisory board experience is significant:

Dr. Hirschberger is a principal and the chief executive officer of Strategic Min-Metals, AG, Vienna, a niche company focused on the exploitation of minor metals in selected countries. He previously organized and operated Global Min-Metal Holdings SA, an exploration company, developing manganese ore principally in Panama. He held various positions with the Wall Street firms of White, Weld & Company, Northern Trust and Societe Generale SA in New York.

Mr. Chen is the founder and president of Fredstone Materials Inc., New Brunswick, Canada, a company providing marketing/consulting service for mining investments and metal/mineral trading, as well as the Canadian broker of China-based mining exchange TIMEx. Previously Mr. Chen was managing director of Dlrow (Tianjin) Co. Ltd., a Chinese trading firm for various of metal/mineral materials, and also from 2006 till 2012 the exclusive representative agent of United States-based Recapture Metals Inc. (now a subsidiary of Molycorp). He holds a bachelor's degree with a major in metal materials processing engineering.

Geodex's CEO, Christopher Ecclestone, commented: "This development is the natural extension of the pooling together of the exceptionally skilled people that Geodex has at its disposal. We look forward to the benefits that might accrue from having a vector into the specialty metals trading space for both antimony and rare earths."

We seek Safe Harbor.