Nevada Clean Magnesium and ScanMag AS Become Partners in Meloy Innovation and Technology Centre AS

VANCOUVER, BRITISH COLUMBIA / TheNewswire / July 7, 2015 - Nevada Clean Magnesium Inc.. (TSXV: NVM; Frankfurt-M1V; OTC Pink Sheets: MLYFF) ("NCM" or the "Company") today announced that together with ScanMag AS and two of its partners, a Norwegian Technical Development Company has been formed for the mutual development of the technical process.

As per the recently signed Joint Venture agreement announced June 22, 2015, NCM has contributed $3,000 USD for administrative costs and the acquisition of 25% Meloy Innovation and Technology Centre AS, ("MITC"), a Norwegian technical development company formed by ScanMag As and two of ScanMag's partners, Meloy Naeringsutvikling AS and MNU Meloy Innova AS. Each partner will now have a 25% interest in the company, with NCM and ScanMag sharing 50/50 on all the intellectual property and the technical developments. Edward Lee, CEO is to be appointed to the board of MITC representing NCM.

The Company is also pleased to announce MITC has also received a 1,500,000 NOK grant from Innovation Norway (a state-owned company and a national development bank.) through a collaborative application from the ScanMag and NCM team. MITC is now well funded starting with 3,000,000 NOK ($375,000 USD) of which includes ScanMag's initial contribution. The partners are very pleased to have these funds and expect to begin and complete Phase 1 and 2 of the development programs.

Phase 1

Using a newly developed instrument that detects weight changes as material is heated, the raw materials intended for use in the magnesium reduction operation will be evaluated. This work will provide the fundamental engineering data needed to design the pilot scale facility.

Phase 2

A detailed model of the reduction process will be constructed to provide a complete, dynamic mass and energy balance of the proposed operation. This model will be used to optimize the process design.

In addition, a thermodynamic evaluation of an alternative reducing agent will be performed. If this study proves the alternative reductant to be viable and the Phase 1 data for this reductant is positive, the high cost ferrosilicon reductant may be replaced with the alternative reductant. The benefits of this may be less carbon emissions and lower cost to produce magnesium thermally.

James Sever, P. Eng., of NCM and Finn Nordmo, PhD. of ScanMag will be appointed as administrators of MITC.

The purpose and scope of activities of the Administrators are:

1. a)the coordination and organisation of the exchange of the scientific findings of the Parties and the Project programme;

2. b)to act as the contact persons and intermediaries for communication between the Joint Venturers;

3. c)to keep records in line with the requirements of any grants, local accounting and tax laws and to allow the Joint Venturers to assess the financial position of MITC on a regular basis;

4. d)coordinate the technical activities of the Project, the overall legal, ethical and administrative management, the coordination of knowledge management and other innovation-related activities, oversee the fair and equitable handling of the Project, oversee science and social issues related to the research activities conducted within the Project and any other specific support activities; and

5. e)monitor the scientific and technological execution of the Project, including the documentation of the Project Results to allow the Parties to make use of the Project Results.

NCM will be responsible for future development phase funding on a 50/50 contribution basis with ScanMag to MITC but not until NCM has received the initial payment of $2 Million USD as stated in the Joint Venture agreement. NCM will provide technical process development and continued support for the ScanMag magnesium facility to be built in Glomfjord, Norway.

Ed Lee, CEO of NCM says "It's going to be very exciting to be a part of the development of the ScanMag facility as all the work carried out for this facility will definitely benefit our Tami-Mosi magnesium project in Nevada. Being able to lower capital investment risk by lowering the processing risks with a European partnership is more than we could ask for at this stage."

About Innovation Norway

The goal of Innovation Norway is to promote nationwide industrial development with focus on both the business economy and Norway's national economy.

About Nevada Clean Magnesium, Inc.

Nevada Clean Magnesium is focused on becoming a major U.S. producer and distributor of primary, high grade, low cost magnesium metal extracted from its 100% owned Tami-Mosi property located in North Central Nevada. Based on the Company's NI 43-101 Preliminary Economic Assessment Report published in September 2011 and amended in July 2014, the Tami-Mosi Project has an inferred resource of 412 million tonnes with an average grade of 12.3% Mg for a contained metal content of 111 billion pounds of magnesium using a 12% cut-off grade contained within a high purity dolomite block. For more information, please visit www.nevadacmi.com.

This news release was reviewed by James Sever, P. Eng. a qualified person recognized under NI 43-101.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements

Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Forward-looking statements in this news release include statements about performing the obligations set out in the joint venture, that we can lower our process risks and achieve the purposes of the Joint Venture.

Actual results may differ materially from those currently anticipated due to a number of factors, including that we may not be able to may not be able to achieve the targeted results expected from the joint venture research; that we may not find ways to lower our process risks; that ScanMag may not raise the necessary funds to invest, that the Company's dolomite reserves may not be mined because of technical, regulatory, financing or other obstacles, the market price for magnesium may make our resources uneconomic, and other risks associated with being a mineral exploration and development company. These forward-looking statements are made as of the date of this news release and, except as required by applicable laws, the Company assumes no obligation to update these forward-looking statements, or to update the reasons why actual results differed from those projected in the forward-looking statements.

To Reach Nevada Clean Magnesium

Please Contact: Edward Lee, at 604-210-9862

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