Volcanic Metals Corp. (TSX VENTURE: VOL) ("Volcanic") is pleased to announce that it has retained Nova Bancorp Securities Ltd. ("Nova Bancorp") as its exclusive financial advisor in connection with Volcanic's plan to review strategic alternatives and investment opportunities. For more information on Nova Bancorp, please visit their website at www.novabancorp.com.

For more information on Volcanic, please visit the company website at www.volcanicmetals.com.

ON BEHALF OF THE BOARD

VOLCANIC METALS CORP.

John LaGourgue, President, Chief Executive Officer and Director

Neither 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.

Contacts: Volcanic Metals Corp. John LaGourgue President, Chief Executive Officer and Director (604) 568-6312 www.volcanicmetals.com

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