Geodex Announces Resignation of Chief Financial Officer

TORONTO, ONTARIO--(Marketwired - Nov. 30, 2015) -

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Geodex Minerals Ltd. (TSX VENTURE:GXM) (the "Company" or "Geodex") announces that Blaine Bailey has resigned as Chief Financial Officer effective November 27, 2015. The Company would like to thank Mr. Bailey for his contribution and wish him every success in his future endeavours. The Company is currently seeking a replacement for Mr. Bailey.

About Geodex

Geodex is focused on transforming itself into a profitable metals trading business. The Company is reviewing metals trading opportunities globally including a variety of metals and mineral concentrates trading opportunities and acquisition of existing metals trading businesses. We believe our involvement in the physical commodities market will provide insights on new mine development and expansion opportunities, global primary supply and demand trends that could provide GXM with a competitive advantage to leverage our collective expertise in exploration, development, operations, mining finance and capital markets to possibly make direct investments in projects and/or provide merchant banking advisory services to the benefit of our shareholders and client alike.

ON BEHALF OF THE BOARD OF DIRECTORS

GEODEX MINERALS LTD.

Gorden Glenn, Interim President & Chief Executive Officer

Visit our website at www.geodexminerals.com.

Forward-Looking Statements

The Statements included in this press release announcing the Letter of Intent of Goldway S.R.L. concerning predictions of economic performance and management's plans and objectives 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.