19 August 2011

Matamec Gets Full Coverage by Two Analysts

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Matamec Gets Full Coverage by Two Analysts

MONTREAL, QUEBEC--(Marketwire - Sept. 22, 2011) - Matamec Explorations Inc. ("Matamec" or the "Company") (TSX VENTURE:MAT) is pleased to announce that they now have full analyst coverage from 2 new analysts; Edward Otto from Cormark Securities and Jon Hykawy from Byron Capital Markets. These reports reaffirm the positive coverage from Luisa Moreno of Jacob Securities.

About Matamec

Matamec Explorations Inc is a junior mining exploration company whose main focus is in developing the Kipawa deposit and exploring more than 35km of strike length in the Kipawa Alkalic Complex for rare earths-yttrium-zirconium-niobium-tantalum mineralization on its Zeus property.

The company is also exploring for gold, base metals and platinum group metals. Its gold portfolio includes the Matheson JV property located along strike and in close proximity to the Hoyle Pond Mine in the prolific mining camp of Timmins, Ontario.

In Quebec, the Company is exploring for lithium and tantalum on its Tansim property and for precious and base metals on its Sakami, Valmont and Vulcain properties. As well, it is exploring for gold together with Northern Superior Resources Inc. on the Lesperance/Wachigabau property.

"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."

For further information please contact:

André Gauthier Caroline Wilson
President Director of Investor Relations
Tel : 514-844-5252 Tel : 647-938-4080
Fax : 514-844-0550
Email : [email protected] Email : [email protected]
Site Web : www.matamec.com