Mr. James Trusler reports

PLATINEX ANNOUNCES NEW BOARD MEMBER

Platinex Inc. has appointed Mark Scarrow of Scarrow Yurman & Co. to its board of directors. Mr. Scarrow completed his BComm degree in 1983 at the University of Toronto. He then joined KPMG and obtained his CA designation in 1985. Scarrow Yurman & Co. provides audit, accounting and taxation services to private and public entities in the Greater Toronto Area. Mr. Scarrow has agreed to chair the audit committee and join the compensation committee of the company.

James R. Trusler, president and chief executive officer, stated: "Mark brings a familiarity through his practice with issuers involved in the cannabis industry in the USA and Canada. At this time, I wish to thank Tom Hussey who has resigned from the board. He contributed his time and effort to maintaining the company through difficult times."

We seek Safe Harbor.