Next Gen Metals Inc. (CNSX: N) (“Next Gen” or the “Company”) wishes to announce a non-brokered private placement of up to 3,333,334 units at a purchase price of $0.15 per unit for gross proceeds of up to $500,000. Each unit will consist of one common share in the capital of the Company and one-half of one non-transferable share purchase warrant. Each whole share purchase warrant entitles the holder to purchase one common share of the Company for a period of eighteen months from the date of closing at a per share price of $0.25.

The proceeds from the private placement received from the sale of the units will be used for the exploration of the Company’s projects and for general working capital.

A finder’s fee may be paid in relation to this financing, in accordance with regulatory policies. The foregoing is subject to regulatory approval.

About Next Gen Metals Inc.

Next Gen Metals Inc. “Next Gen” or the “Company” is a diversified mineral exploration company with a focus on gold, silver and base metals projects in North America. Next Gen is developing the Silver Chalice Property, located in Alaska and the recently acquired Fate Gold Project located in the Abitibi Greenstone Belt of Northwest Québec, one of the most famous gold and base metals regions in the world.
Next Gen is the newest company to join the International Metals Group and is listed on the CNSX under the symbol “N”. The new Board of Directors is comprised in part with directors from the International Metals Group (www.internationalmetalsgroup.com) who, along with the new management group, have a combined 150 years or more of experience in all aspects of managing public companies related to the resource industry.

For further information in regards to Next Gen Metals, please visit our website at www.nextgenmetalsinc.com.

On behalf of the Board of Directors

"Harry Barr"

Harry Barr
President & CEO
Next Gen Metals Inc.

The Canadian National Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Disclaimer: This news release may contain certain "forward-looking statements". All statements, other than statements of historical fact, included herein 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. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and available at www.sedar.com or filed with the Canadian National Stock Exchange. Any forward-looking statements are not guarantees of the Company's future performance and are subject to risks and uncertainties that could cause actual results, developments, and business decisions to differ materially from those contemplated by any forward-looking statements.

Except as required by law, the Company undertakes no obligation to update any forward-looking statements.