NEWS RELEASE

DNI METALS INC. - October 7, 2015

67.4% Super Jumbo/Large Flake, Including 25.3% Super Jumbo, and 29.5% Jumbo Flake at DNI Metal's Madagascar Graphite Property

DNI METALS INC. (DNI : TSX-Ven)(DG7 : Frankfurt)

Further to DNI Metals Inc. ('DNI') Press release dated September 24, 2015, which reported strong graphitic carbon head-grade results (3% to 13.14% Cgr) from 4 trenches covering a strike length of 700 metres; averaging 300 to 400 meters in width; the Company is pleased to advise that additional testing of these samples has returned the following results:

Jumbo and Large Flake distribution of greater than 67.4%.

Flake Size Flake Distribution % Flake Description
+30 Mesh / +595 Microns 25.3% Super Jumbo
+50 Mesh / +297 Microns 29.5% Jumbo
+70 Mesh / +210 Microns 12.6% Large
+100 Mesh / +149 Microns 9.9% Medium
+140 Mesh / +105 Microns 5.8% Small
-140 Mesh / -105 Microns 16.9% Small

Total

100%

Dan Weir, CEO of DNI commented, 'Not only have the samples shown a world-class head grade, but also world-class flake distribution. The team has made it our focus to find High Grade projects that are supported by good infrastructure. The project is 47 Kms from the Madagascar's main port by paved road and a mere 1.6 kms off the country's main paved Highway.'

What does 67.4% jumbo/large flake mean? There are only a few known deposits in the world that have flake distribution greater than 60%, one of them is 50kms south of our Madagascar property. Depending on the purity, the larger the flake size, the per tonne value increases.

All representative samples were prepared and collected by or under supervision of DNI's Country Manager,Steven Goertz. Mr. Goertz is a Geologist and is a Qualified Person under NI43-101 regulations. Mr. Goertz has approved this Press release.

Samples from the four (4) main trenches were blended into one (1) composite representative sample, prior to being reduced via riffle-split to a 1kg sample and tested for flake distribution.

The samples were processed at Process Research Ortech Inc. and Agat Laboratories, both located inOntario, Canada. Further processing is ongoing to determine particle size distribution and upgrade purity numbers and these results are expected shortly.

Graphitic carbon assays were performed using a modified infrared assay method. This method is preferable to other industry-accepted assay methods including varying forms of Loss on Ignition (LOI) testing.

These results were obtained via conventional flotation only without chemical treatment, i.e. without the use of strong bases (NaOH - caustic roast technique) or acids (H2SO4/HF - acid leach technique).

About DNI

DNI Metals Inc. is graphite-focused company currently developing its flagship Vohitsara project in Madagascar. The project has recently received a full mining permit and development of an NI43-101 compliant resource is underway. Vohitsara is located 50km by paved road from the principal commercial port of Madagascar at Toamasina; with the main mineralization less than two km from this highway.

DNI also has a wholesale graphite trading division and has recently entered into an LOI to acquire a fully operational commercial laboratory; fully capable in analyzing all aspects of graphite ores.

DNI plans to provide its clients with a Secure, Reliable and Consistent source of Graphite. DNI is supplying a Chinese alternative.

Further information about DNI, can be found on its website. www.dnimetals.com

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSX.V) accepts responsibility for the adequacy or accuracy of this release.

DNI - TSX Venture
DG7 - Frankfurt
Issued: 29,586,204 common shares

For further information, contact:
DNI Metals Inc. - Dan Weir, President & CEO 416-595-1125
DanWeir@dnimetals.com
email ir@dnimetals.com. Also visit www.dnimetals.com

We seek Safe Harbour. This announcement includes forward looking statements. While these statements represent DNI's best current judgment, they are subject to risks and uncertainties that could cause actual results to vary, including risk factors listed in DNI's Annual Information Form and its MD&As, all of which are available from SEDAR and on its website.

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