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TerraX Minerals Inc. (TSX.V: TXR; Frankfurt: TX0) has agreed, subject to regulatory approval, to grant incentive stock options on up to 2,050,000 common shares at an exercise price of $0.17 per share for a period up to five years from the date of grant.

A total of 1,800,000 of these options were granted to directors and consultants and vest immediately. The remaining 250,000 incentive stock were granted to Paradox Public Relations Inc., the Company's investor relations consultants, and are subject to vesting provisions in accordance with TSX Venture Exchange policies.

On behalf of the Board of Directors

"STUART ROGERS"

Stuart Rogers
Director


Contact: Paradox Public Relations

Phone: 514-341-0408
Toll Free: 1-866-460-0408


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.
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All rights reserved.
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