MAT Matamec Explorations Inc. (delisted)

Matamec Explorations Inc. ("Matamec" or the "Company") (TSX
VENTURE:MAT)(OTCQX:MHREF) is pleased to announce the appointment of Mr. Raynald
Vezina, mining engineer, to the Board of Directors of the Company.


Andre Gauthier, President of Matamec, says: "with this addition, the Board has a
mining engineer in its ranks. The Company is now in the feasibility study phase
for the heavy rare earths Kipawa deposit in partnership with the Japanese
company TRECan. Decisions made by the Company in the next year about the
possibility of developing the Kipawa deposit to production will benefit from his
depth of experience in the construction and mining production of precious and
base metals and industrial minerals, such as rare metal niobium. On behalf of
the Board and shareholders, I would like to welcome Mr. Vezina. "


Mr. Vezina obtained his degree in mining engineering from Quebec City's Laval
University in 1970. He has since then served in several positions related to the
construction and extraction of gold, copper, zinc and niobium mines. He began
his career at the Opemiska division of Corporation Falconbridge Copper Ltd in
various positions within the engineering and operations department, including
assistant manager of the mine. In 1978, he became general superintendent of
operations and contributed to the development and production of the Corbet Mine
at the Lac Duffault Division.


From 1980 to 1988, he was appointed General Manager of Kiena Gold Mines, owned
by Falconbridge Nickel Ltd.. He was involved with the construction and
production of the mine, and the processing plant. In 1988, he joined Cambior
Inc. as Senior Vice President - Canada. He was managing operations of 4 to 8
mines extracting gold, copper, zinc and niobium. He participated in the
evaluation, construction and production of five new mines in Canada. 


He has also conducted technical and feasibility studies of various international
mining projects. Specifically in the field of industrial minerals, he
participated in the production and marketing of Niobec'c Quebec niobium mine, as
well as the construction of the converter niobium / Ferro-niobium and expansion
of the mine and concentrator.


Since 2004, Mr. Vezina has worked on the evaluation of several mines and
projects in North and South America as a mining engineer consultant. Also, he
has conducted the review of mining operations and made recommendations to
improve productivity and performance.


M. Vezina is a member of the "Ordre des Ingenieurs du Quebec" and a Fellow of
the Canadian Institute of Mining. During his career, he has held various
positions in many organizations related to mining in Canada and Quebec,
including MISA from 2003-2012. He is currently a member of the Board of
Directors of the Company Maudore Minerals Ltd. (TSX-V: MAO) since July 2012.


According to Company policies, the Board of Directors granted 400,000 stock
options to Mr. Vezina at an exercise price of $ 0.16 per share for a period of 5
years. Terms as conditions of exercise are regulated by the Stock Option Plan to
purchase shares of the Company.


About Matamec

Matamec Explorations Inc. is a junior mining exploration company whose main
focus is in developing the Kipawa HREE deposit with Toyotsu Rare Earth Canada,
Inc. ("TRECan"). Following the positive conclusion of the PEA study filed on
SEDAR in March 2012 and the hiring of a V-P Project development and
Construction, Matamec and TRECan decided to move directly to the feasibility
study. The March 2012 press release highlighted that the project has robust
economics such as: $606 million before-tax value (NPV8%), a 36.9% before-tax
IRR, $2.8 billion revenue, $1.67 billion EBITDA, a before-tax payback period of
2.4 years, etc. (see press release dated January 30, 2012).


In parallel, the Company is exploring more than 35km of strike length in the
Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum
mineralization on its Zeus property. 


The company is also exploring for gold, base metals and platinum group metals.
Its gold portfolio includes the Matheson JV property located along strike and in
close proximity to the Hoyle Pond Mine in the prolific mining camp of Timmins,
Ontario.


In Quebec, the Company is exploring for lithium and tantalum on its Tansim
property and for precious and base metals on its Sakami, Valmont and Vulcain
properties. As well, it is exploring for gold together with Northern Superior
Resources Inc. on the Lesperance/Wachigabau property.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Andre Gauthier
President
(514) 844-5252
info@matamec.com
www.matamec.com

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