March 03, 2011

Cap-Ex Ventures Ltd (CEV: TSX-V) (the "Company") is pleased to announce the filing on SEDAR of its NI 43-101 compliant Technical Report related to its Schefferville Properties (the "Technical Report")

The Technical Report is titled "SCHEFFERVILLE PROJECT Block 103-Kivivic Lake /Block 44-Petitsikapau Lake Western Labrador, Newfoundland and Labrador for Cap-Ex Ventures Ltd." and dated February 8, 2011

For additional information please visit the Company's website at You may also email This email address is being protected from spambots. You need JavaScript enabled to view it. or call investor relations at 604-669-2279.


"Andrew Bowering"

Andrew Bowering,
President and CEO

"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."

"This news release may contain forward--looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements."