Press Releases

Fieldex Exploration to list on TSX-V on Jan. 7, 2005

Effective at the opening on Jan. 7, 2005, the common shares of Fieldex Exploration Inc will commence trading on the TSX Venture Exchange. The company is classified as a mineral exploration/development company.

Corporate jurisdiction: Canada

Capitalization: Unlimited common shares with no par value, of which 12,028,935 common shares are issued and outstanding

Escrowed shares: 563,217 common shares and 100,000 warrants to purchase 100,000 shares are held in escrow, pursuant to a Tier 1 value security escrow agreement in accordance with TSX Venture Exchange Policy 5.4; 1,843,589 common shares and 1,567,043 warrants to purchase 1,567,043 shares are held in escrow, pursuant to a Tier 2 value security escrow agreement in accordance with TSX Venture Exchange Policy 5.4.

Transfer agent: Computershare Trust Company of Canada

Symbol: FLX

Cusip No: 316902 20 4

For further information, please refer to the company's listing application dated Dec. 29, 2004, on SEDAR.