Cap-Ex Appoints Mark Morabito as Special Advisor to the Chief Executive Officer

Cap-Ex Ventures Ltd. (TSX VENTURE:CEV)(OTCQX:CPXVF)(FRANKFURT:X0V) ("Cap-Ex" or
the "Company") is pleased to announce that Mr. Mark J. Morabito has been
appointed as Special Advisor to the Chief Executive Officer of Cap-Ex.


Mr. Morabito is the founder of the Exploration Group, the predecessor company to
Forbes West which became part of Forbes & Manhattan in 2012. Mr. Morabito has
more than 15 years' experience as a financier in the mining and exploration
sectors. He is the founder and Executive Chairman of Alderon Iron Ore Corp. and
Crosshair Energy Corporation and the founder and non-Executive Chairman of
Excelsior Mining Corp. He also holds several directorships with publicly listed
junior mining companies.


Prior to becoming a principal in the mining industry, Mr. Morabito practiced
corporate finance and securities law in Toronto and Vancouver. He has a B.A.
from Simon Fraser University and completed his J.D. at the University of Western
Ontario.


Mark Morabito, Special Advisor to the CEO of Cap-Ex, stated, "I am honoured to
be joining Cap-Ex at this important time in their growth. With a strong
portfolio of iron ore projects within the Labrador Trough, I am excited to have
the opportunity to assist Francois and the entire Cap-Ex team in realizing the
full potential of these projects."


Francois Laurin, President and CEO of Cap-Ex, stated, "I am extremely pleased
that Mark has agreed to join the Cap-Ex team. His experience and expertise,
specifically his success with Alderon Iron Ore Corp., will be invaluable as we
work to advance our Block 103 project, in addition to the entire Cap-Ex project
portfolio."


Cap-Ex has granted Mr. Morabito, under the terms of its stock option plan,
options to purchase up to 250,000 common shares at a price of $0.50 per share.
The options vest over a two year period and have an expiry date of June 14,
2017.


ABOUT CAP-EX VENTURES LTD.

Cap-Ex Ventures Ltd. is a TSX Venture Exchange-listed company focused on the
development of its Block 103 iron ore property in the Labrador trough, near the
mining town of Schefferville, Quebec.


Through its exploration efforts Cap-Ex has revealed two primary zones of
magnetite mineralization on its wholly owned Block 103 Property: the Northwest
Zone and the Greenbush Zone. Both zones exhibited excellent drilling and assay
results and have high potential to identify additional mineralization as several
holes terminated in mineralization and, in most holes, mineralization started
near surface and is open in all directions.


The Block 103 property is strategically located close to existing railway,
affording direct access to a shipping port, and is adjacent to New Millennium
Iron Corp-Tata Steel's LabMag and KeMag deposits and the New Millennium-Tata
oxide deposits to the east.


QUALIFIED PERSON

Alex Walus, P.Geo., an employee of the Company and a qualified person pursuant
to National Instrument 43-101, has reviewed and approved the technical and
scientific information in this news release.


For additional information about Cap-Ex Ventures visit the company website at
www.cap-ex.ca. Follow us on Facebook (Search Cap-Ex Ventures) or Twitter
@CapExVentures.


CAP-EX VENTURES LTD.

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 impact of the
appointment of Mr. Morabito on the Company and the Company's exploration
prospects. 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.
Cap-Ex Iron Ore Ltd. (TSXV:CEV)
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