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File: 150622 - NVM Signs Joint Venture.pdf

                               Nevada Clean Magnesium Signs
                         Joint Venture Agreement With ScanMag AS

VANCOUVER, BRITISH COLUMBIA � (TheNewswire) � June 22, 2015 � Nevada Clean Magnesium,
Inc. (TSXV: NVM; Frankfurt-M1V; OTC Pink Sheets: MLYFF) ("NCM" or the "Company") today announced that it
has formally completed its joint venture agreement with ScanMag AS of Norway as per the Binding Letter of
Agreement previously announced December 22, 2014.

The terms include:

   �   $5 million USD investment from ScanMag AS into Nevada Clean Magnesium ("NCM"), payable over 4 years,
       commencing with the first major payment of $2,000,000 within 12 months, followed by 36 monthly
       payments of $83.3 thousand USD;

   �   During NCM receiving monthhly payments towards the $5 million USD investment, ScanMag AS will receive
       proportionally, a total of up to 12% of the issued common equity shares of NCM calculated as at the date of
       the signed JV agreement;

   �   Shares will be issued proportionally to receipt of monies starting with the initial payment of $2 million USD:

   �   ScanMag will be entitled to one board seat on the board of directors of NCM for so long as it maintains
       ownership of at least 12% of the issued and outstanding common shares of NCM;


   �   NCM will receive a 10% pre-financing equity stake in ScanMag dilutable down to 2% undiluted interest;

   �   ScanMag will receive access to the NCM technical and intellectual assets needed to support and develop a
       process for its production in Glomfjord, Norway;

   �    NCM and ScanMag will establish a separate technical development company for the testing of aspects of
       the magensium processing proof of concept through a jointly owned Norwegian subsidiary based in
       Glomfjord, Norway. ScanMag AS is to fund an initial contribution for the technical development company,
       after which each party pays its proportional share. NCM will contibute its 50% share of budgeted phase
       work after it has received the initial $2 million USD payment from ScanMag;

   �   Both NCM and ScanMag AS will be entitled to 50/50 of the data,findings and intellectual property developed
       through the joint venture.
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    �   Alpha Omega, a private company owned and controlled by James Sever, P. Eng., is a party to the Joint
        Venture Agreement and an integral part of the planned technical development.

Lothar Maruhn, CEO of ScanMag states " We are very pleased to have such a highly experienced technical team
from NCM to assist us in the development of our facility through to commercialization and production within a short
period of time. We are looking forward to our next steps, as the technical experience that NCM provides us is a
major requirment to secure our project financing."

Ed Lee, CEO of NCM says "It's been long in the making and we are very pleased to have achieved this joint venture
with a similar company to ours. The companies are looking to bulid magnesium metal producing operations so this
agreement is a monumental milestone for both companies. The technical development done initially for ScanMag
should lead the way to lowering the process risk for our Tami � Mosi project in Nevada."

About ScanMag AS
ScanMag AS is an industrial minerals company headquartered in Glomfjord, a village in the municipality of Mel�y
just north of the Arctic Circle on Norway's west coast. The Company was jointly formed by Normin Mine AS and
Mel�y N�ringsutvikling AS in 2012 to develop a large deposit of high quality dolomite, situated in the Gran�sen
field outside Mosj�en, near Glomfjord and is comprised of both dolomite and brucite. Mel�y N�ringsutvikling AS is
jointly owned by the municipality of Mel�y in Nordland County; Yara Norway ASA, a subsidiary of one of the world's
leading chemical companies; Sparebank 1 Nord-Norge, a banking group that has served North Norway since 1836;
and DNB Bank, Norway's largest financial services group. These Companies have teamed to capitalize on northern
Norway's wealth of environmental resources to create new jobs, expand industrial infrastructure and promote
global trade. www.mnu.no



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% owned Tami-Mosi property located in North Central
Nevada. Based on the Company's NI 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% Mg for a contained metal content of 111 billion pounds of magnesium using a 12%
cut-off grade contained within a high purity dolomite block. For more information, please visit
www.nevadacmi.com.

This news release was reviewed by James Sever, P. Eng. a qualified person recognized under NI 43-101.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks
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uncertainties. Forward-looking statements in this news release include statements about performing the obligations set
out in the joint venture and ScanMag's private placement.

Actual results may differ materially from those currently anticipated due to a number of factors, including that we ma
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not be able to may not be able to achieve the targeted results expected from the joint venture research, that ScanMag
may not raise the necessary funds to invest, that the Company's dolomite reserves may not be mined because of
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technical, regulatory, financing or other obstacles, the market price for magnesium may make our resources uneconomic,
and other risks associated with being a mineral exploration and development company. These forward-looking
statements are made as of the date of this news release and, except as required by applicable laws, the Company
assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed
from those projected in the forward-looking statements.



                                     To Reach Nevada Clean Magnesium

                               Please Contact: Edward Lee, at 604-210-9862