Mr. Edward Lee reports

COMPANY ENGAGES BAXTER CAPITAL ADVISORS INC. AS FINANCIAL ADVISORS TO BEGIN UPLISTING APPLICATION TO OTCQB

Nevada Clean Magnesium Inc. has entered into an agreement with Baxter Capital Advisors Inc. (BCA) of Scottsdale, Ariz., for financial advisory and to assist with the company's application for uplisting to the OTCQB.

BCA is a Georgia corporation and will serve as financial adviser to Nevada Clean Magnesium, assisting with the application and execution of an OTCQB listing for the company, which will provide access to the U.S. retail and financial marketplace. BCA will also assist in the execution of state blue sky, DTC (Depository Trust Company), investor relations and research coverage functions needed for developing and maintaining liquidity in the U.S. marketplace.

Terms

The initial terms of this engagement shall be for six months, and, in its role as financial consultant, BCA will provide the following:

• Serve as liaison to the principal American liaison (PAL) sponsor for the OTCQB listing;
• Work with the company's lawyer of record;
• Arrange presentations with U.S. retail brokers and fund managers;
• Serve as the U.S. financial representative for Nevada Clean Magnesium for six months.

Compensation

In return for services provided, as outlined above, BCA shall receive the sum of $14,500 (U.S.) as follows: $3,500 (U.S.) to be paid upon the execution of this agreement and approval from the TSX Venture Exchange; $6,500 (U.S.) to be paid once the company is trading on the OTCQB exchange; and $4,500 (U.S.) to be paid one day prior to commencement of the U.S. broker presentations.

BCA will also receive an option allowing the purchase of 500,000 common shares of Nevada Clean Magnesium to be issued at a price to be determined but not less than five cents per share.

Edward Lee, a director and the chief executive officer of Nevada Clean Magnesium, stated: "[Peter] Baxter brings an impressive reputation of success in assisting companies such as Nevada Clean Magnesium to have exposure to the American marketplace via an OTCQB listing. With our key asset of the Tami-Mosi magnesium project located in Nevada, we believe it is in our shareholders' best interests to utilize Mr. Baxter's skills and experience to assist Nevada Clean Magnesium to uplist to the OTCQB so that the U.S. investment community can have easier access to the trading market. We believe this is a crucial element to bringing our project to its full potential."

About Nevada Clean Magnesium Inc.

Nevada Clean Magnesium is focused on becoming a major U.S. producer and distributor of primary, high-grade, low-cost magnesium metal extracted from its 100-per-cent-owned Tami-Mosi property located in north-central Nevada. Based on the company's National Instrument 43-101 preliminary economic assessment report published in September, 2011, and amended in July, 2014, the Tami-Mosi project has an inferred resource of 412 million tonnes with an average grade of 12.3 per cent magnesium for a contained metal content of 111 billion pounds of magnesium using a 12-per-cent cut-off grade contained within a high-purity dolomite block.

This press release was prepared under the supervision and review of James Sever, PEng, president and chief operating officer for Nevada Clean Magnesium. Mr. Sever is a non-independent qualified person within the meaning of NI 43-101 standards.

We seek Safe Harbor.