Mr. Merlin Marr-Johnson reports

FITZROY MINERALS GRADUATES TO OTCQX

Fitzroy Minerals Inc.'s common shares have qualified to trade on the OTCQX Best Market in the United States. The company has been upgraded to OTCQX from the OTCQB Venture Market.

Campbell Smyth, chairman of Fitzroy, commented: "We are excited to have qualified for graduating to the OTCQX market. This graduation improves our visibility to U.S. investors, increases liquidity and highlights our commitment to creating long-term value for shareholders as we advance the Buen Retiro and Caballos copper projects in Chile."

The company's common shares begin trading today on OTCQX under the symbol FTZFF. U.S. investors can find current financial disclosure and real-time Level 2 quotes for the company on the OTC Markets website.

The OTCQX market is designed for established, investor-focused U.S. and international companies. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws. Graduating to the OTCQX market from the OTCQB market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among U.S. investors.

About Fitzroy Minerals Inc.

Fitzroy Minerals is focused on exploring and developing mineral assets with substantial upside potential in the Americas. The company's current property portfolio includes the Buen Retiro copper project located near Copiapo, Chile, the Caballos copper and the Polimet gold-copper-silver projects located in Valparaiso, Chile, the Taquetren gold project located in Rio Negro, Argentina, and the Caribou project in British Columbia, Canada. Fitzroy Minerals' shares are listed on the TSX Venture Exchange under the symbol FTZ and on the OTCQX under the symbol FTZFF.