Geodex Announces Board and Management Changes

Toronto, Ontario--(Newsfile Corp. - May 28, 2015) - Geodex Minerals Ltd. (TSXV: GXM), (the "Company" or "Geodex") is pleased to announce that Mr. Chris Irwin has joined the board of directors. Chris has extensive experience in securities and corporate/commercial law and is currently the managing partner of Irwin Lowy LLP. He advises a number of public companies as a director and independent committees on a variety of issues. We would also like to announce that Mr. Gorden Glenn will assume the role of Interim President & CEO of the company effectively immediately.

About Geodex

Geodex is focused on strategic metals particularly, Antimony and Tin, and is actively pursuing new business opportunities in metals trading with the establishment of a Specialty Metals Trading House or SMTH. The company is reviewing metals trading opportunities globally and hopes to leverage future metals trading activities into direct project investments by aggregating past-producing and producing mines in these metals.

ON BEHALF OF THE BOARD OF DIRECTORS
GEODEX MINERALS LTD.
Gorden Glenn
Interim President & CEO

For further information, please contact Investor Relations at 647-985-2785 or info@geodexminerals.com
Visit our website at www.geodexminerals.com

Forward Looking Statement

Certain information regarding the Company contained in this press release may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, opinions, forecasts, projections or other statements that are not statements of fact. Although the Company believes that expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company's control, and that future events and results may vary substantially from what the Company currently foresees.

Neither the 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.