CEV

Cap-Ex Ventures Ltd (TSX VENTURE:CEV)(OTCQX:CPXVF)(FRANKFURT:X0V) ("Cap-Ex" or
the "Company") is pleased to announce the appointment of Ms. Valery Zamuner as
Chief Legal Officer and Corporate Secretary and the amalgamation of
Schefferville Iron Ore Exploration Corp. (SIOEC).


Ms. Valery Zamuner was General Counsel, Vice President Legal Affairs and
Corporate Secretary for Consolidated Thompson Iron Mines Ltd (CLM), and played a
central role in managing CLM's off-take and strategic partnership agreements
with Wuhan Iron and Steel, as well as, negotiating and concluding the final sale
of CLM to Cliffs Natural Resources Inc. The C$4.9B sale to Cliffs represents the
largest acquisition ever of a North American iron ore company. Ms. Zamuner
obtained her civil law degree from Laval University, is a member of the Quebec
Bar and is in the process of completing an MBA at Concordia University, John
Molson School of Business. In addition to her CLM experience, she brings a
wealth of experience and expertise in corporate and commercial law in the areas
of international and domestic M&A, securities, corporate finance and private
investment funds.


Francois Laurin, President and CEO of Cap-Ex, stated, "I am very pleased to
welcome Valery to the Cap-Ex team. Her experience and expertise, specifically
her work with Consolidated Thompson, will be invaluable as we work to advance
our Block 103 project, in addition to the entire Cap-Ex project portfolio."


The Cap-Ex Board of Director's has also approved the amalgamation of
Schefferville Iron Ore Exploration Corp. (SIOEC), a wholly-owned subsidiary of
Cap-Ex. Pursuant to the amalgamation, the shares of SIOEC shall be cancelled
without any repayment of capital, no securities shall be issued and no assets
shall be distributed by the Company in connection with the amalgamation. The
articles and bylaws of the amalgamated corporation shall be the same as the
articles and bylaws of the Company, and the name of the amalgamated corporation
shall remain Cap-Ex Ventures Ltd.


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
an existing railway, which can provide a direct link to a shipping port, and is
adjacent to New Millennium Iron Corp-Tata Steel 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.

CAP-EX VENTURES LTD.

On behalf of the 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 the expected timing for completion of an NI 43-101 mineral resource estimate
and a preliminary economic assessment. 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.

Grafico Azioni Cap-Ex Iron Ore Ltd. (TSXV:CEV)
Storico
Da Giu 2024 a Lug 2024

Grafico Azioni Cap-Ex Iron Ore Ltd. (TSXV:CEV)
Storico
Da Lug 2023 a Lug 2024