News

September 8, 2015

Kazax Announces Change in Management

Kazax Minerals Inc. ("Kazax" or the "Company") announces the appointment of Mr. Mohamad Chafic as President and Chief Executive Officer of the Company. Mr. Chafic has over 25 years of experience in the steel and iron ore industry. He is an Engineering graduate from the American University of Beirut and holds a Master's degree from the University of Hull in the United Kingdom. Mr. Chafic is the founding member of and is currently the Managing Director of Maxsteel Industry LLC, a multi-million dollar steel fabrication firm in the United Arab Emirates and Saudi Arabia. He is also the founding member and General Manager of Maxmine Incorporated, a company with a global presence engaged in iron ore trading and mineral mining. Previously, he was the Managing Director of Dana Steel General Trading LLC, a global steel trading company. Having been involved in the industry for the past 25 years, Mr. Chafic possesses immense knowledge of the steel and iron ore industry. Mr. Chafic has also been a director of Kazax since April 2012.

Mr. Trevor Campbell Smith has resigned his position as President and Chief Executive Officer of the Company to redirect his attention to his other business interests. Mr. Campbell Smith has also resigned as a director of the Company. The Board of wishes to thank Mr. Campbell Smith for his excellent service to the Company as the President and Chief Executive Officer over the past two years and wishes him well in his future endeavors.

For further information on Kazax, readers are referred to the Company's website (www.kazaxmineralsinc.com) and to Canadian regulatory filings on SEDAR at www.sedar.com.

ON BEHALF OF THE BOARD

Riad Al Sadek,
Chairman

FOR ADDITIONAL INFORMATION PLEASE CONTACT:

Kazax Minerals Inc.
Tel: +7 7172 79 03 95
info@kazaxmineralsinc.com
www.kazaxmineralsinc.com

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.

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