Xmet President and Directors to Host PDAC Seminar on Alternative Financing for Junior Resource Companies

TORONTO, ONTARIO--(Marketwired - Feb 28, 2014) - Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME) is pleased to announce that Xmet's President and Director, Stephen Stewart and Independent Director Jean-Pierre Colin of Capital Markets Strategies will be co-chairing a discussion titled 'Alternative Financing Sources for Junior Resource Companies'. The company would like to invite all PDAC attendees to join event on Wednesday March 5^th beginning at 9:00am in Room 714 of the South Building of the Metro Toronto Convention Centre.

The session will focus on the evolution of financing alternatives available to resource and exploration companies within the current financial environment and how juniors must look at non-traditional ways of financing their exploration. This session will draw on the experience of its co-chairs and selected speakers including Abraham Drost of Carlisle Goldfields Ltd., Sean Cleary of Blackrock Metals Inc., Suzanne Leclair of Connect Counsel, Erin Chutter of Global Cobalt Corp., Caroline Donally of Denham Capital Management LP, and Ross Bhappu of Resource Capital Funds who will detail their strategies for investment and securing capital and how junior companies can attract their interest.

Xmet would also like to invite its shareholders and interested parties to visit our management team at Booth # 2538 in the Investors Exchange of the Prospectors & Developers Association of Canada's conference March 2^nd to the 5^th, 2014.

About Xmet's Blackflake Project

Xmet's Blackflake Project comprises over 29,000 acres of 100% owned claims approximately 60km to the northwest of Hearst, Ontario and is adjacent to Zenyatta's Hydrothermal Graphite Deposit. Xmet has now conducted three airborne electromagnetic surveys, VTEM and TDEM, which discovered multiple electromagnetic conductors making the targets highly prospective for further exploration. Xmet has developed an excellent working relationship with the Constance Lake First Nation, with whom the company signed an ongoing Exploration Agreement. Xmet has received all necessary approvals from the Ministry of Northern Development and Mines and is currently in the process of line cutting and performing ground geophysics over the Prime Target.

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.

Certain information in this press release may contain forward-looking statements. This information is based on current expectations that are subject to significant risks and uncertainties that are difficult to predict. Actual results might differ materially from results suggested in any forward-looking statements. Xmet assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those reflected in the forward looking-statements unless and until required by securities laws applicable to Xmet. Additional information identifying risks and uncertainties is contained in filings by Xmet with Canadian securities regulators, which filings are available under Xmet's profile at www.sedar.com.