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File: ppoct2015.pdf

                                          NEWS RELEASE

               October 7,2015 TSXV: CA Frankfurt: OGPN:GR OTCPINK:GPOFF

                   Codrington Announces Non-Brokered Private Placement

Vancouver, BC / October 7, 2015 / Codrington Resource Corporation (the "Company") (TSXV:
CA) (FRANKFURT: OGPN:GR) is pleased to announce that it has arranged a non-brokered private
placement (the "Private Placement") of up to 5,000,000 units (the "Units") to be sold at a price of
CAD$0.05 per Unit to raise gross proceeds of up to CAD$250,000. Each Unit will consist of one
common share and one transferable common share purchase warrant of the Company, with each
warrant exercisable for a period of three years from the closing at an exercise price of CAD$0.08 per
share. In addition, the company will sell up to 5,000,000 flow through common shares, at a price of
$ CAD $ 0.06 per common share for total gross proceeds up to $ CDN 300,000.

The Company advises that the Private Placement is available to all interested investors provided
that a prospectus exemption is available for the Company to issue Units to such investors. The
Company advises that an additional prospectus exemption is available pursuant to British Columbia
Instrument 45-534 (and in similar instruments in other provinces of Canada) (the " Existing
Shareholder Exemption") that would allow shareholders of the Company who, as of the close of
business on October 6, 2015, held common shares of the Company and continue to hold common
shares at the time of closing, to subscribe for Units. Unless such shareholder is a person that has
obtained advice regarding the suitability of the investment and, if such shareholder is resident in a
jurisdiction of Canada, that advice has been obtained from a person that is registered as an
investment dealer in such jurisdiction, the aggregate subscription cost to such shareholder for the
Units subscribed under the Existing Shareholder Exemption cannot exceed CAD$15,000 ( 250,000
Units).

If the aggregate subscriptions for Units exceed the maximum number of Units proposed to be
distributed, subscriptions will be accepted on a first-come, first-served basis such that it is possible
that a subscription received from a shareholder may not be accepted by the Company. Completion
of the Private Placement is subject to TSX Venture Exchange approval. There is no minimum
offering size for the Private Placement.

Finder's fees may be payable in cash and warrants in accordance with the policies of the TSX
Venture Exchange. All securities issued in connection with the private placement are subject to a 4-
month and one day hold period in accordance with applicable Canadian securities laws. Proceeds
will be used for project exploration and for general working capital purposes.

Use of Proceeds


The private placement flow through proceeds will be used to complete initial exploration work at
the L.A.B. Project (Lac Aux Bouleaux Graphite Project ), as outlined in the NI 43-101 Technical
Report filed September 8, 2015 and available at www.nrgmetalsinc.com. The L.A.B. Project is
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located in a very active graphite exploration and production area, and is contiguous to the south to
TIMCAL's producing (Imerys Graphite & Carbon Mine) Lac des lles Graphite Mine in Quebec, one

of only two producers in North America. The Company has completed surface sampling, mapping
and metallurgical test work, and confirmed historical drill hole collars. SGS Canada completed
metallurgical testwork on surface samples, and composite testwork. The most recent test
completed was a regrind of previous test work with the intent of obtaining higher carbon values.
The regrind test was comprised of a sample of the +48 mesh and +100 mesh results, both with
94.8% C(g). A total sample weight of 141 grams was reground with 74% passing 35 mesh before
floatation. The combined cleaner concentrate was 96.2% C(g), at 99.8% graphite recovery. Flakes
larger than 65 mesh returned 96.7% C(g). The testwork completed by SGS Canada Inc.,
demonstrates that the graphite from the L.A.B. Project can produce a large flake, high carbon , high
value concentrate.

On behalf of the Board of Directors,

Adrian Hobkirk,
President and CEO
Toll Free: 1-855-894-4524
E: ahobkirk@resourceexploration.com
W: www.resourceexploration.com


The contents of this press release, and the preparation of this press release, was supervised by
 Mr. Martin Ethier, geo (#1520) who is a Member of the Order of Geologists of Quebec (OGQ) and a
"Qualified Person" under NI 43-101.
The TSX Venture Exchange has not reviewed the content of this news release and therefore does not accept responsibilit
--->y or liability for the
adequacy or accuracy of the contents of this news release.

This news release contains certain "forward- looking statements" within the meaning of Section 21E of the United State
--->s Securities and Exchange Act
of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained h
--->erein c onstitutes forward-
looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the sta
--->tements are made, and are
subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materiall
--->y from those projected in the
forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The tra
--->nsaction described in this
news release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval
--->, shareholder approval, market
conditions, legal due diligence for claim validity, financing, political risk, security risks at the property location
--->s and o ther risks. As such, the reader
is cautioned that there can be no guarantee that this transaction will complete as described in this news release. We 
--->seek safe harbour.