MAT Matamec Explorations Inc. (delisted)

According to a KPMG-SECOR study commissioned by Matamec Explorations Inc.
("Matamec" or the "Company") (TSX VENTURE:MAT)(OTCQX:MHREF) and Toyotsu Rare
Earth Canada (TRECan), Quebec has assets to overcome the challenges associated
with the deployment of electric cars. Rare earths, and most notably heavy rare
earths, are essential materials in components of electric motors and batteries.


In addition to having geostrategic resources and the ability to produce
electricity inexpensively, Quebec can count on several companies and research
centers to promote the electric car industry. Quebec is among the pioneers in
Canada in regards to the implementation of the necessary infrastructure for
electric cars, such as workplace plug-in stations. One of the challenges of the
production of electric cars is that over 95% of the heavy rare earths are
produced in China, resulting in a significant risk of supply of these materials.
Quebec has the potential to become a strategic producer of these critical
resources.


According to the results of the KPMG-SECOR study, a reasonable scenario in the
Quebec market would see 165,000 electric vehicles by 2020, adding $107 million
to Quebec's economy and creating 1,800 jobs. In addition, about 181 million
liters of gasoline would be substituted by the use of 256 GWh of electricity and
CO2 emissions would be reduced by 415 kilotons. Note that the Quebec government
2011-2020 Action Plan for Electric Vehicles sets the goal of reaching 300,000
electric cars in Quebec by 2020.


"The electrification of transportation is now the center of Quebec's development
strategy and Matamec is well positioned to become the first heavy rare earth
mining project in Quebec and Canada," says Andre Gauthier, President and CEO of
Matamec. "Kipawa would, alone, produce 9% of the world consumption of heavy rare
earths outside China."


For the SECOR-KPMG study

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 type of
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 of drilling -
assays will be upcoming soon.


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 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 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
514-844-0550 (FAX)
info@matamec.com


Edward Miller, Director IR
(514) 844-5252 ext. 205
514-844-0550 (FAX)
edward.miller@matamec.com
www.matamec.com

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