Cap-Ex Ventures Ltd. (TSX VENTURE:CEV)(FRANKFURT:X0V) ("Cap-Ex" or the
"Company") is pleased to announce Brett Matich has been appointed President and
CEO of the Company. Mr. Matich joined the board of directors on January 19,
2011. 


Mr. Matich has over twenty years experience in the mining industry, most
recently the Managing Director of Australian Stock Exchange ("ASX") listed and
London Stock Exchange ("AIM") listed Aztec Resources Ltd. ("Aztec"). As Managing
Director of Aztec, he identified and took control of a dormant iron ore mine on
a remote island in Western Australia. The Aztec mine currently exports
approximately 3 million tonnes of iron ore per annum and is owned by ASX listed
Mount Gibson Iron Ltd. as a result of Aztec's takeover in 2007. As inaugural
Managing Director of ASX listed Fox Resources Ltd. in 2002, Mr. Matich
identified a closed Australian nickel mine and successfully returned it to
production by 2004.


The Company also reports that it has, subject to regulatory approval, retained
the services of Brisco Capital LLP ("Brisco") to provide investor relations
services. Brisco will initiate and maintain contact with the financial
community, shareholders, investors and other stakeholders for the purpose of
increasing awareness of the Company and its activities. Brisco takes a full
service approach to investor relations and provides creative, effective
results-driven investor relations programs for Canadian public companies. 


Andrew Bowering, Chairman stated, "We are looking forward to working with Brisco
to actively engage the investment community, in order that our company and its
inherent value might be best communicated and fully appreciated." 


The agreement with Brisco is effective immediately, and covers an initial term
of twelve months but may be terminated by either party at any time. Brisco will
be paid a monthly fee of $6,000, and granted an option to purchase 200,000
common shares of the Company at a price of $1.17 per common share, exercisable
for a period of five (5) years. 


Effective immediately, Andrew Bowering, former President and CEO has been
appointed as Chairman of the Company.


In addition, the Company announces it has received TSX approval for the
acquisition of the Redmond Properties, as described in the Company's news
release of February 23, 2011.


About Cap-Ex Ventures Ltd.

Cap-Ex Ventures Ltd. is a Canadian resource company focused on exploration and
development of iron ore projects in the Labrador Trough near Schefferville,
Quebec. The Company's Schefferville Properties cover an area of 21,975 hectares
and are strategically located close to Iron Ore Processing Plants. Block 103 is
on strike to New Millennium's direct shipping ore ("DSO") deposits and KeMag
magnetite deposits both to the north and New Millennium/Labrador Iron Mines DSO
deposits to the south. In 2008, an airborne magnetic survey identified the most
intense magnetic response in the iron belt within Cap-Ex's Block 103 property.


CAP-EX VENTURES LTD.

Andrew Bowering, Chairman

"This news release may contain forward-looking statements. Forward-looking
statements address future events and conditions and therefore involve inherent
risks and uncertainties. Actual results may differ materially from those
currently anticipated in such statements."


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