Mr. Edward Lee reports

NEVADA CLEAN MAGNESIUM ANNOUNCES STOCK OPTION GRANT

Nevada Clean Magnesium Inc. has granted 2.55 million incentive stock options pursuant to its stock option plan for its directors, advisers and consultants. The options are exercisable at a price of five cents per share for a five-year term.

Any shares issued on the exercise of these stock options will be subject to a four-month holding period from the date of the grant. This stock option grant is subject to approval by the TSX Venture Exchange.