Coventry Resources Inc. (TSX VENTURE:CYY)(ASX:CYY) (the "Company") has reduced
the exercise price of 6,908,594 outstanding stock options, of which 4,473,660
stock options are held by insiders, to $0.05 per share. Approval of
disinterested shareholders for the re-pricing was obtained at Coventry's special
meeting of shareholders held on January 21, 2014. 


THE BOARD OF DIRECTORS OF COVENTRY RESOURCES INC.

STEVEN CHADWICK, President and Chief Executive Officer

Coventry Resources Inc.

Neither 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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Coventry Resources Inc.
Steven Chadwick
President and CEO
(W): +61 8 9324 1266

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