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Matamec Appoints VNS Consultation as Strategic Communications Consultant

MONTREAL, QUEBEC--(Marketwire - Sept. 30, 2010) - Matamec Explorations Inc. ("Matamec" or the "Company")(TSX VENTURE:MAT - News) announced today that Walter Damen ("VNS Consultation") has been retained as Strategic Communications Consultant to the Company, effective immediately.Following the signing of this agreement, Mr. Andre Gauthier, president of Matamec, declared: "We expect to hit a number of significant milestones in the near future including a preliminary assessment study on the HREO Kipawa Deposit, making it imperative that we have a strong strategic communications program in place. Walter's experience in working with junior mining companies, his understanding of our market and his proven track record of developing and implementing strategies that enhance visibility and awareness among key audiences were a determining factor in our decision to retain him".Subject to the approval of the Board of Directors of Matamec and the regulatory authorities, the service agreement, which has an initial term of 1 year, provides for a monthly fee of $ 1,500 and granting of 150,000 stock options exercisable at a price of $0.35 per share for a period of one year, which shall vest in increments of 25% during the first four quarters. These options, as well as the terms and conditions of exercise, are governed by the Company's stock option plan and are subject to a four month hold period from the date they are granted.About VNS ConsultationMr. Walter Damen has twenty five years of international marketing communication experience. His career has taken him from Amsterdam to New York, London and, for the past 10 years Montreal. Mr. Damen has been managing partner of several agencies and over the past five years advised various mining companies.Mr. Damen is currently President of Vectorandshift Communications Inc. and provides marketing and strategic communications advice to junior mining companies.About MatamecMatamec explores for significant gold deposits in the Timmins mining camp in Ontario of which the Matheson JV property with Goldcorp Canada Ltd. and Goldcorp Inc. is the main target. In Quebec. the Company explores for precious and base metals on its Sakami, Valmont and Vulcain properties. As well, Matamec is exploring for gold together with Northern Superior Resources Inc. on its Leperance/Wachigabau property.Concurrently with the above mentioned exploration programs, Matamec's Quebec Tansim property is also being explored for rare metals such as lithium, tantalum and niobium."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."