Knick Exploration Announces Non-Brokered Private Placement

Val-d'Or, Quebec, November 06, 2013. Knick Exploration Inc. (<<Knick>>) is pleased to announce a proposed non-brokered private placement for a maximum of up to 250 treasury common share units at a price of $1,000 per unit and up to 500 treasury flow-through units at a price of $1,000 per flow-through unit for an aggregate amount of $750,000.

Each treasury unit will consist of 20,000 common shares and 20,000 common share purchase warrants. The shares will be issued at a price of $0.05 per share. The attached common share purchase warrants will entitle the holder to purchase one additional common share at a price of $0.10 for a period of 24 months from the date of issue.

Each flow-through unit will be comprised of 16,000 common flow-through shares, 4,000 common shares and 20,000 common share purchase warrants. The common shares issued as part of the flow-through units, will be issued at a price of $0.05 per share. The common share purchase warrants from the flow-through units will entitle the holder to purchase one additional common share at a price of $0.15 for a period of 24 months from the date of issue.

Knick will use the proceeds from the placement of the flow-through shares to incur Canadian Exploration Expenses on its mining properties while the net proceeds from the common shares will serve as working capital for Knick.

No finder's fees or commission are to be paid. However, should an accredited investor be introduced by a stock broker, Knick may then decide to pay a commission in accordance with the terms of Policy 5.1 of the TSX Venture Exchange.

All the shares and warrants to be issued will be subject to a four month and one day "hold period" calculated from the closing date of the private placement.

This private placement will be effected pursuant to prospectus exemptions under applicable securities legislation and regulations. The placement is subject to regulatory approvals, including that of the TSX Venture Exchange.

This new release does not constitute an offer to sell or a solicitation of an offer to buy and of the securities in the United Shares. The securities have not been and will not be registered under the United Shares Securities Act of 1933, as amended or any state securities laws and will not be offered or sold within the United-States or to United States Persons. This new release is not for distribution to United-States newswire services or for dissemination in the United-States.

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 more information contact:

Jacques Brunelle Gordon Neil Henriksen

President and CEO Vice president

Tel : - 819 874-5252 Tel : - 819 874-5252

Cell.: - 819 856-1387 Cell.: - 819 210-1406

Email: [e-mail] Email: [e-mail]