Mr. Christophe Romary Joined Matamec as Business Development Director

MONTREAL, QUÉBEC--(Marketwired - April 17, 2014) - Matamec Explorations Inc. (TSX VENTURE:MAT)(OTCQX:MHREF)("Matamec" or the "Company") is pleased to announce that Mr. Christophe Romary joined Matamec as Business Development Director, and will provide investor relations services, thus increasing its visibility within the financial community.

Mr. Romary has more than 17 years of experience in investment banking, working with companies like Orion Securities Inc. (now Macquarie Securities Group), Desjardins Securities, Northern Securities Inc. and Versant Partners (now Cantor Fitzgerald). Working as a Director or Managing Director to raise funds and advise for M&A his portfolio of clients, he also took on the role of Head of Investment Banking and Head of Mining Investment Banking for some of these firms. Mr. Romary also has 5 years Commercial Banking experience with National Bank of Canada.

"I am very pleased to welcome Christophe Romary to the Matamec Team", said Andre Gauthier, President and CEO of Matamec Explorations. "His working experience and achievements within the Capital Markets and his extensive network of contacts will prove unvaluable and critical to the current and future evolution stages of Matamec. Christophe's mandate also includes the strategic assessments of Matamec assets, including the possibility of spining-off Matamec's gold assets into a new entity".

Subject to the approval of the regulatory authorities, Matamec has granted Mr. Romary of 100,000 stock options exercisable at a price of $ 0.12 per share for a period of two years, which shall vest in increments of 25% during the first four quarters. These options, as well as the terms and conditions of exercise, are governed by the Company's stock option plan and are subject to a four month hold period from the date they are granted. He reports to President and CEO Andre Gauthier.

About Matamec

Matamec Explorations Inc. is a junior mining exploration company whose main focus is in developing the Kipawa HREE deposit with Toyotsu Rare Earth Canada Inc ("TRECan").

In parallel, the Company is exploring more than 35 km of strike length in the Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum mineralization on its Zeus property. Since 2007, Matamec discovered eight (8) new rare earth showings. Most relevant of these, was the drilling of the PB-PS Zone in the fall of 2012 where it identified Eudialyte-Mosandrite/Yttro-Titanite/Britholite mineralization similar to those found at the HREE Kipawa Deposit. This type of mineralization is presently known over a length of 200 metres and is open laterally and at depth. This mineralized zone is 2.3 km SW of the Kipawa deposit and a soil anomaly seems to connect the two. The Company plans to drill these extensions later this year.