CEV

Cap-Ex Iron Ore Ltd (TSX VENTURE:CEV)(OTCQX:CPXVF)(FRANKFURT:X0V) ("Cap-Ex" or
the "Company") is pleased to announce the appointment of Martin Burian, CA, CBV
as Chief Financial Officer and Jasvir Kaloti as Corporate Secretary of the
Company.


Mr. Burian has over eighteen years of investment banking experience. He brings
wealth of knowledge and expertise in corporate finance and advisory services on
M&A processes and consulting to growth companies, particularly within the mining
sector. Mr. Burian was most recently Managing Director of Investment Banking at
Haywood Securities Inc. from 2010 until mid 2013, prior to which he served as
President of Bolder Investment Partners from 2009 until its merger with Haywood
Securities in 2010. Mr. Burian obtained his Chartered Accountant and Chartered
Business Valuator designation while at KPMG and obtained his Bachelor of
Commerce from the University of British Columbia in 1986. 


The appointment of Mr. Martin Burian follows the resignation of Mr. Paul Bozoki
as Chief Financial Officer. The Company would like to thanks Mr. Bozoki for his
contributions and wish him well in his future endeavors.


The Company also announces the re-appointment of Jasvir Kaloti as Corporate
Secretary. Ms Kaloti has over 15 years of experience in the finance industry and
is an independent consultant for publically listed companies in the mining
sector. Ms. Kaloti has been working with Cap-Ex since inception. She completed
her Bachelor of Business Administration from Simon Fraser University in 1993.


Graham Harris, CEO comments, "We welcome Mr. Burian and Ms. Kaloti to our
management team. We are confident that their professional experience, expertise
and knowledge will prove to be very valuable as the Company searches for a
strategic partner."


About Cap-Ex Iron Ore Ltd.

Cap-Ex Iron Ore Ltd. is a Canadian listed company, focused on the development of
its wholly owned Block 103 Iron Ore Project in the Labrador Trough, near the
mining town of Schefferville, Quebec. The Block 103 property is strategically
located close to an existing railway that can provide a direct link to a
shipping port and is adjacent to Tata Steel-New Millenium Iron Corp. LabMag and
KeMag deposits and the Tata-New Millennium oxide deposits to the east.


For additional information please visit the Company's website at www.cap-ex.ca. 

CAP-EX IRON ORE LTD.

On behalf of the Board

Graham Harris, CEO and Director

Cautionary Note Regarding Forward-looking Information 

This press release contains "forward-looking information" within the meaning of
applicable Canadian securities legislation. Forward-looking information
includes, but is not limited to, statements with respect to the development
potential of the Company's Block 103 iron ore property, future exploration
plans, future production, future operating and capital costs, the projected IRR,
NPV and payback period, details about infrastructure and the expected timing for
completion of a feasibility study. Generally, forward-looking information can be
identified by the use of forward-looking terminology such as "plans", "expects"
or "does not expect", "is expected", "budget", "scheduled", "estimates",
"forecasts", "intends", "anticipates" or "does not anticipate", 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 information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of
activity, performance or achievements of the Company to be materially different
from those expressed or implied by such forward-looking information. There can
be no assurance that such information 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 information. The Company does not undertake to update any
forward-looking information, except in accordance with 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: 
Cap-Ex Iron Ore Ltd.
Investor Relations
604-669-2279
604-602-1606 (FAX)
info@cap-ex.ca
www.cap-ex.ca

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