Xmet Inc. (TSX VENTURE:XME) ("Xmet") is pleased to announce that it has engaged
Aeroquest International to complete a new round of Versatile Time Domain
Electromagnetic ("VTEM") and Magnetic Gradiometer Survey on its newly acquired
20,000 acres of 100% owned claims which expanded Blackflake's total area to
29,400 acres. The airborne survey will begin in the next few days.


"This will be our third round of EM aerial surveys and with the exploration
success Xmet achieved with its first two EM surveys, we are excited about the
potential for this next round of VTEM," said Xmet's Chairman and CEO Alexander
Stewart.


He continued by saying, "Our primary objective remains to drill test our prime
anomaly, disclosed in our news release of December 12, 2013, for which permits
for ground geophysics and drilling are expected to be received this month.
However this newly acquired land and the further upside potential that the VTEM
can deliver is equally exciting." 


Embedded in this news release is a MAP depicting Blackflake's Eastern Claim
Block. As per the map's legend, the yellow portion within Xmet's claim block
denotes Xmet's land package prior to January 30th, 2014 News Release and the
horizontal grid lines within Xmet's claim block denotes the 20,000 acres of new
claims staked along with the area that will be flown in this round of VTEM.


To view the map accompanying this press release please click on the following
link: http://media3.marketwire.com/docs/XME0204.pdf


Bill Yeomans, P. Geo, states, "Given the highly conductive nature of graphite
deposits, VTEM is a very effective method for locating potential graphite and
massive sulphide type deposits. The new VTEM survey, which will cover
approximately 473 line kilometres, is excellent for locating conductive
anomalies as well as for identifying lateral and vertical variations in
resistivity."


The technical information contained in this news release has been approved by
William Yeomans, a director of Xmet, who is a qualified person as defined in
"National Instrument 43-101, Standards of Disclosure for Mineral projects".


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.


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 FURTHER INFORMATION PLEASE CONTACT: 
Xmet Inc.
Alexander Stewart
Chief Executive Officer
(416) 644-6588
astewart@xmet.ca


Xmet Inc.
Stephen Stewart
President
(416) 644-6588
sstewart@xmet.ca
www.xmet.ca

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