Reflex's Ruby project optionor cancels option

Mr. Paul Gorman reports TERMINATION OF RUBY GRAPHITE OPTION AGREEMENT The optionor in respect of Reflex Advanced Materials Corp.'s option agreement to acquire the Ruby graphite project in Montana has terminated that agreement in accordance with its terms. Accordingly, such option is of no further force or effect, and the company no longer has any rights to acquire an interest in and to that project. The company will continue to evaluate all available options to capitalize and advance its business, including assessing the prospect of a restructured transaction in respect of the Ruby graphite project, and will provide updates in respect of same if and when they become available. We seek Safe Harbor.