Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME)(OTCQX:XMTTF) is pleased to
announce that its annual and special meeting of shareholders will be held at 1
First Canadian Place, 100 King Street West, Suite 1600, Toronto, Ontario at
10:00 a.m. on June 27, 2013.


Xmet also announces that Charles Beaudry has resigned as President and Chief
Executive Officer to pursue other opportunities and that Alexander Stewart has
resumed the position of Chief Executive Officer, effective immediately. Mr.
Beaudry will continue to serve as a director of the Company and will consult to
the Company on its Duquesne-Ottoman, Authier and Grasset projects. Xmet thanks
Mr. Beaudry for his significant contributions during his tenure as President and
Chief Executive Officer and wishes him well on his future endeavours. Xmet's
Chairman Alexander Stewart added, 'On behalf of the Board of Directors I
sincerely would like to thank Charles Beaudry for his commitment and
contribution to Xmet. I wish him well in all future projects and look forward to
working with him on Xmet's projects in the future.'


About Xmet Inc.

Xmet is a gold exploration company focused on advanced projects in existing
mining camps in Canada where exploration and mining costs are minimized and
where previous and historic producing mines make for much easier permitting.
Xmet's flagship project, the Duquesne-Ottoman property, which covers an area of
928.6 hectares, is located approximately 30 kilometres north of the city of
Rouyn-Noranda and 10 kilometres east of the village of Duparquet within the
townships of Duparquet and Destor in the Province of Quebec.


Certain information in this press release may contain forward-looking
statements. This information is based on current expectations that are subject
to significant risks and uncertainties that are difficult to predict. Actual
results might differ materially from results suggested in any forward-looking
statements. Xmet assumes no obligation to update the forward-looking statements,
or to update the reasons why actual results could differ from those reflected in
the forward looking-statements unless and until required by securities laws
applicable to Xmet. Additional information identifying risks and uncertainties
is contained in filings by Xmet with Canadian securities regulators, which
filings are available under Xmet's profile at www.sedar.com.


For the latest updates, news releases and events, please follow Xmet Inc. on
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FOR FURTHER INFORMATION PLEASE CONTACT: 
Xmet Inc.
Stephen Stewart
VP Corporate Development
(416) 644-6588
sstewart@xmet.ca
www.xmet.ca