CEV

Cap-Ex Ventures Ltd. (TSX VENTURE:CEV)(FRANKFURT:X0V)(OTCQX:CPXVF) ("Cap-Ex" or
the "Company") is pleased to announce the appointment of BBA Inc. ("BBA") to
conduct a Preliminary Economic Analysis (PEA) on the Block 103 Iron Ore Project
in northern Labrador. BBA will also follow up on 2011's encouraging metallurgy
results on the Redmond Project by launching an intensive sampling and bench
scale testwork program.


"BBA has extensive work experience in the Labrador iron ore mines and we are
extremely fortunate to be able to bring them in at such an early stage in the
development of the Block 103 Project," says Francois Laurin, President and CEO
of Cap-Ex. "Their significant iron ore experience and expertise will help ensure
thorough yet rapid completion of the PEA which is a key step in moving Block 103
towards production."


BBA is an independent Canadian consulting engineering firm operating
internationally. It offers advanced engineering expertise with a focus on the
energy and mining and metals sectors. BBA has developed a niche within the
engineering consulting space through its unique delivery of integrated services,
including consulting services to executives, technical expertise in operations
and commissioning, backed by a team of highly-qualified experts in several
engineering disciplines.


With an office in Labrador City, BBA has extensive experience in the iron ore
industry, specifically within Block 103's setting in the Labrador Trough, having
acted as the primary engineering consulting firm for Consolidated Thompson's
(now Cliffs Natural Resources) Bloom Lake Mine, ArcelorMittal's Mont-Wright
concentrator and Alderon Iron Ore's Kami Project. The depth of local iron ore
experience will allow BBA to expedite engineering design work, provide an
experienced outlook into project costs and timelines, assist in selection of
local construction firms, all of which will aid in minimizing overall project
risk.


In addition to the work on the Block 103 Project, BBA will also design and
supervise appropriate metallurgical testwork with an aim of fast tracking the
Redmond Project. The Redmond Project is located 10 kilometres south of
Schefferville and covers approximately 6.5 kilometres of strike length of
historical iron ore occurrences all on strike of the past producing Redmond DSO
(direct shipping ores) iron ore deposits.


For additional information on the Block 103 and Redmond Projects, including
location maps and work programs, please visit
http://www.cap-ex.ca/s/block_103.asp and http://www.cap-ex.ca/s/redmond.asp
respectively.


ABOUT CAP-EX VENTURES LTD.

Cap-Ex Ventures Ltd. is a Canadian listed company, focused on the development of
its 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
existing railway, which can provide a direct link to a shipping port, and is
adjacent to New Millennium Iron Corp.'s LabMag and KeMag deposits and the New
Millennium-Tata oxide deposits to the east.


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

ON BEHALF OF THE CAP-EX BOARD

Francois Laurin, President and CEO

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
and budgets and permitting. 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.

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