Cap-Ex Ventures Ltd. is a Canadian listed iron ore company with significant landholding in the Labrador Trough, near the mining town of Schefferville, Quebec. The company is focused on the development of its wholly owned Block 103 property.

Block 103 is strategically located near existing infrastructure and surrounded by two multi-billion tonne iron ore deposits. Based on 2011 drilling and geophysics Block 103's "Greenbush Zone" has a near surface interpreted iron ore mineralization area of over 20 square kilometres, up to 260 metres thick, with average grade of 30% iron.

Discovered during the 2011 drilling campaign, the "Northwest Zone" is Block 103's second mostly near surface iron ore mineralisation having over 5kms of strike with similar iron grades and averaging 100 metres in thickness.

The Company is looking forward to completing its aggressive 2012 drilling program with the objective of identifying an initial mineral resource estimate.

Plan Nord

The Quebec government recently announced the $80 billion "Plan Nord" infrastructure development project which includes a northern land link through the Labrador Trough and rail lines which will pass within close proximity to Lac Connelly (refer to Quebec government website "http://www.plannord.gouv.qc.ca/english/financial/fonds.asp").

Cap-Ex is listed on the TSX Venture Exchange under the symbol CEV and on the Frankfurt exchange under the symbol X0V.