Geodex Minerals Ltd.: Christopher Ecclestone Appointed President and CEO

Geodex Minerals Ltd. (TSX VENTURE:GXM)(FRANKFURT:G2W) ("Geodex") is pleased to
announce that it has appointed Mr. Christopher Ecclestone as President, CEO and
a director of Geodex. Mr. Mark Fields has resigned as President and CEO however
will remain as a director.


Christopher Ecclestone is a metals strategist, with a particular focus upon
specialty metals. He was the CEO and a director of Mediterranean Resources from
2011 until April 2014. He is a principal and mining analyst at Hallgarten &
Company in London, England. He acts as a strategic consultant to a number of
companies in the specialty metals sector (particularly in the Rare Earths
space). Prior to founding Hallgarten & Company in New York in 2003 he was the
head of research at an economic think tank in New Jersey which he had joined in
2001.


Before moving to the U.S., he was the founder and head of research at the
esteemed Argentine equity research firm, Buenos Aires Trust Company, from 1991
until 2001. He worked in London from 1985-1991 as a corporate finance and
equities analyst and as a freelance consultant on the restructuring of the
securities industry. He is a graduate of the Royal Melbourne Institute of
Technology.


Mr. Jack Maris, Chairman of Geodex, welcomed Christopher Ecclestone, commenting:
"Christopher has a proven track record and expertise in the critical metal
sector. In the current market conditions Geodex has been focused on acquiring
advanced projects with past production and/or defined resources and Christopher
will be instrumental in advancing and financing this strategy." 


Mr. Maris also commented: "We'd like to extend our thanks to Mark for guiding
Geodex over the past five years including the transformational Sisson
tungsten-molybdenum project agreements as well as our active exploration
programs. We wish Mark the best in his future endeavours."


The Geodex board of directors has granted 325,000 incentive stock options to
Christopher Ecclestone, exercisable for up to five years at a price of $0.05 per
share. The options were granted pursuant to the Geodex Minerals stock option
plan and are subject to any applicable regulatory hold periods.


About Geodex

Geodex is a mineral resource company focused on critical metal projects and
particularly in New Brunswick, Canada. Geodex has operated for a decade in New
Brunswick where it has had a number of discovery and development successes
including Sisson and Mount Pleasant West.


ON BEHALF OF THE BOARD OF DIRECTORS, GEODEX MINERALS LTD.

Jack Maris, Chairman

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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Geodex Minerals Ltd.
Investor Relations
[phone] or Toll free: 1-888-999-3500
[phone] (FAX)
[e-mail]
www.geodexminerals.com