MAT Matamec Explorations Inc. (delisted)

Matamec Explorations Inc. ("Matamec" or the "Company")(TSX
VENTURE:MAT)(OTCQX:MHREF) is pleased to announce that it has been awarded the
prestigious "Entrepreneur of the Year Award" by the Quebec Mineral Exploration
Association (AEMQ) for its work in developing the Kipawa Heavy Rare Earth
Elements (HREE) Project.


The association noted that "the award emphasizes the work of a team and its
contractors whose company has made significant progress over the past year. This
progress can be related to the development of a specific project, to all company
activities or the development of a mining project towards its phase of
production."


"We are very honoured to have been recognized by the association for our Quebec
Kipawa Heavy Rare Earth Project, which is the first project outside of China to
have filed a 43-101 Feasibility Study Technical Report," said Andre Gauthier,
President and CEO of Matamec Explorations. "I would like to congratulate Aline
Leclerc, Vice President of Exploration, Frederic Fleury, Head Geologist, Kipawa
Project and their team for their dedication and passion to the profession of
exploration. This award is a clear statement to the high quality of work the
Kipawa project has demonstrated to industry professionals." 


Mr. Gauthier further commented, "I would like to also give special tribute to
Dr. Tony Mariano and Tony Mariano Jr. for their steadfast support these so many
years in building the Kipawa Project into the most advanced heavy rare earth
project outside of China." As Dr. Mariano commented in August, 2013, "The best
source for a sustained quantity of HREEs is Matamec Exploration's HREE
mineral-bearing deposit in Kipawa, Quebec." 


The award was granted at AEMQ's annual recognition awards ceremony during the
Quebec Mining Exploration Convention, November 13, 2013.


About Matamec

Matamec Explorations Inc. is a junior mining exploration company whose main
focus is in developing the Kipawa HREE deposit with TRECan. 


In parallel, the Company is exploring more than 35 km of strike length in the
Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum
mineralization on its Zeus property. Since 2007, Matamec discovered eight (8)
new rare earth showings. Particularly, it drilled the PB-PS Zone in the fall of
2012 and identified Eudialyte-Mosandrite/Yttro-Titanite/Britholite
mineralization similar to those found at the HREE Kipawa Deposit. This
mineralization is presently known over a length of 200 metres and is open
laterally and at depth. This mineralized zone is 2.3 Km SW of the Kipawa deposit
and a soil anomaly seems to connect the two. The Company plans to drill these
extensions later this year. 


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 gold 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 Valmont and
Vulcain properties. Matamec signed in August 2013 an option agreement where
Canada Strategic Metals can acquire an interest of up to 50% in the Sakami gold
project, located in the James Bay region of northern Quebec by committing $2.25
million in exploration work including $500,000 in the first year on drilling. 


Cautionary Statement Concerning Forward-Looking Statements

This news release contains "forward-looking information" within the meaning of
Canadian Securities legislation. Generally, forward-looking statements can be
identified by the use of forward-looking terminology such as "scheduled",
"anticipates", "expects" or "does not expect", "is expected", "scheduled",
"targeted", or "believes", or variations of such words and phrases or state that
certain actions, events or results "may", "could", "would", "might" or "will be
taken", "occur" or "be achieved". Forward-looking statements contained herein
include, without limitation, statements relating to mineral reserve estimates,
mineral resource estimates, realization of mineral reserve and resource
estimates, capital and operating costs estimates, the timing and amount of
future production, costs of production, success of mining operations, the
ranking of the project in terms of cash cost and production, permitting,
economic return estimates, power and storage facilities, life of mine, social,
community and environmental impacts, rare metal markets and sales prices,
off-take agreements and purchasers for the Company's products, environmental
assessment and permitting, securing sufficient financing on acceptable terms,
opportunities for short and long term optimization of the Project, and continued
positive discussions and relationships with local communities and stakeholders.
Forward-looking statements are based on assumptions management believes to be
reasonable at the time such statements are made. There can be no assurance that
such statements will prove to be accurate, as actual results and future events
could differ materially from those anticipated in such statements. 


Accordingly, readers should not place undue reliance on forward-looking
statements. Although Matamec has attempted to identify important factors that
could cause actual results to differ materially from those contained in
forward-looking statements, there may be other factors that cause results not to
be as anticipated, estimated or intended. Factors that may cause actual results
to differ materially from expected results described in forward-looking
statements include, but are not limited to: Matamec's ability to secure
sufficient financing to advance and complete the Project, uncertainties
associated with Matamec's resource and reserve estimates, uncertainties
regarding global supply and demand for rare earth materials and market and sales
prices, uncertainties associated with securing off-take agreements and customer
contracts, uncertainties with respect to social, community and environmental
impacts, uncertainties with respect to optimization opportunities for the
Project, as well as those risk factors set out in the Company's year-end
Management Discussion and Analysis dated December 31, 2012 and other disclosure
documents available under the Company's profile at www.sedar.com.
Forward-looking statements contained herein are made as of the date of this news
release and Matamec disclaims any obligation to update any forward-looking
statements, whether as a result of new information, future events or results or
otherwise, except as required by applicable securities laws. 


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


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


Edward Miller, Director IR
(514) 844-5252 ext. 205
edward.miller@matamec.com

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