Iconic Minerals Ltd. Engages Investor Relations Consultant

Vancouver, BC / TheNewswire / March 16, 2015 / Iconic Minerals Ltd. (the "Company" or "Iconic") ((TSX-V: ICM) (FSE: YQG) announces that it has entered into an Investor Relations contract dated effective March 1, 2015 (the "IR Contract") with Momentum Public Relations Inc. ("MPR"), subject to acceptance for filing by the TSX Venture Exchange (the "Exchange"). The IR Contract is for an initial term of 12 months, and can be terminated by either party with 30 days written notice by either party. The Company has agreed to pay MPR $5,000 (plus GST) per month commencing March 1, 2015.

MPR is based in Montreal, Canada, and was founded in 2008 by President and CEO, Mr. Gagne-Godbout. MPR specializes in launching targeted awareness campaigns for small and medium-sized public companies. MPR aims to provide value to those who use its services through effective campaigning, careful client selection and timely dissemination of investor information. MPR will assist the Company in forming productive relationships with private investors, analysts, investment funds, brokers, and other financial institutions and interested parties. Mr. Gagne-Godbout currently owns 550,000 common shares of the Company, 150,000 shares (the "Shares") of which were recently acquired from the Company's financing that closed February 25, 2015, as well as a warrant for the purchase of up to 75,000 shares (the "Warrant"), exercisable at $0.15 per share on or before February 24, 2016. The Shares, together with any shares that may be issued on exercise of the Warrant, are subject to a hold period expiring June 26, 2015.

In addition, once the Company has received acceptance from the Exchange to its 10% Rolling Stock Option Plan that was approved by sharheolders at an Annual General Meeting held February 10, 2015, the Company will grant MPR an option to purchase a total of 100,000 common shares at an exercise price to be determined when the options are granted, which options will be exercisable for a period of three years from the date of grant. In accordance with Exchange policies, any options granted must vest in stages over a period of not less than 12 months from the date of grant, with no more than 1/4 of the options vesting in any three month period.


On behalf of the Board of Directors

SIGNED: "Richard Barnett"
Richard Barnett, CFO

Contact: (604) 336-8614



For further information on ICM, please visit our website at www.iconicmineralsltd.com

The Company's public documents may be accessed at www.sedar.com

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Iconic expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

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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