Mr. Tero Kosonen reports

FINEX METALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT FOR GROSS PROCEEDS OF UP TO C$1,500,000

Finex Metals Ltd. has proposed to undertake a non-brokered private placement to raise gross proceeds of up to $1.5-million through the sale of up to 12.5 million units of the company at a price of 12 cents per unit. Each unit will comprise one common share and one-half of a share purchase warrant, with each whole warrant exercisable into one further common share at a price of 18 cents for a term of 24 months. All securities issued will be subject to a statutory hold period of four months and one day.

The proceeds from the offering will be used for exploration activities on the company's 100-per-cent-owned projects in Finland and for general working capital.

Finders' fees may be paid in connection with the offering in accordance with the policies of the TSX Venture Exchange. The offering is subject to the approval of the TSX-V.

Directors and officers of the company may acquire securities under the offering, which will be considered a related party transaction as defined under Multilateral Instrument 61-101. Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

About Finex Metals Ltd.

Finex Metals is a gold-, nickel- and platinum-group-element-focused mineral exploration company advancing a portfolio of 100-per-cent-owned, royalty-free projects in northern Finland, strategically located in the Central Lapland greenstone belt and Eastern Lapland greenstone belt. Finex's projects are near existing mining operations and benefit from strong infrastructure, a stable jurisdiction, and a proven exploration model, supporting multiple targets with clear discovery potential in one of Europe's most prospective and underexplored regions.

Finex Metals is part of the NewQuest Capital Group, a discovery-driven investment group that builds value through the incubation and financing of mineral projects and companies.

We seek Safe Harbor.