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NEX COMPANIES

PHOENIX METALS CORPORATION ("PHC.H")
BULLETIN TYPE: Consolidation
BULLETIN DATE: March 18, 2016
NEX Company

Pursuant to a director's resolution passed on November 19, 2015, the Company has consolidated its capital on a four (4) old for one (1) new basis. The name of the Company has not been changed.

Effective at the opening Monday, March 21, 2016, the shares of Phoenix Metals Corporation will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as a 'junior natural resource - mining' company.

Post - Consolidation
Capitalization: unlimited shares with no par value of which
11,878,381 shares are issued and outstanding
Escrow nil shares are subject to escrow

Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: PHC.H (UNCHANGED)
CUSIP Number: 71910B 20 4 (new)
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