News Release

January 28, 2013 TSX.V: GXM

Frankfurt: G2W

GEODEX ENGAGES VENTURE NORTH FOR INVESTOR RELATIONS

Geodex Minerals Ltd. (TSX-V:GXM), (the "Company" or "Geodex") is pleased to announce it has engaged the services of Venture North Capital Inc. ("Venture North") to focus on marketing and strategic investor relations.
Under the terms of the engagement, which is for an initial three month term, Venture North will be paid $5,500 in the first month and $3,500 per month thereafter. The contact is subject to regulatory approval.

About Geodex

Geodex is a mineral resource company focused on New Brunswick, Canada. Geodex has continued to actively develop its exploration portfolio focused on the discovery of critical metals in New Brunswick. Its current main focus is the Dungarvon Tungsten-Molybdenum Project. Geodex has operated for a decade in New Brunswick where it has had a number of discovery and development successes including Sisson and Mount Pleasant West.
ON BEHALF OF THE BOARD OF DIRECTORS GEODEX MINERALS LTD.

Mark Fields

President & CEO

For further information, please contact Investor Relations:

(604) 689-7771, Toll free 1-888-999-3500

Visit our website at www.geodexminerals.com

Forward Looking Statement

Certain information regarding the Company contained in this press release may constitute forward -looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, opinions, forecasts, projections or other statements that are not statements of fact. Although the Company believes that expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. The Company cautions that actual performance will be affected by a number of factors, many of which are beyond the Company's control, and that future events and results may vary substantially from what the Company currently foresees.

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.

Suite 880 -800 West Pender Street, Vancouver, B.C., Canada, V6C-2V6

Tel: 604-689-7771, FX: 604-689-5528 Toll Free: 888-999-3500

E-Mail: info@Geodexminerals.com Website: www.GeodexMinerals.com

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