Market Overview

First Point Minerals Lists on TSX Senior Board

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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 31, 2012) - First Point Minerals Corp. (TSX VENTURE:FPX) ("First Point" or the "Company") is pleased to announce that the Company's common shares will be listed and posted for trading on the Toronto Stock Exchange ("TSX") senior board at the opening of trading on Thursday November 1st, 2012 under the current symbol "FPX". The Company's shares will be delisted from the TSX Venture Exchange upon commencement of trading on the TSX.

About First Point

First Point Minerals Corp. is a Canadian base and precious metal exploration company operating worldwide. The Company's primary asset is the Decar nickel-iron alloy project in central British Columbia, in which First Point's current interest is 49%. In addition to Decar, First Point holds 10 other 100%-owned nickel-iron alloy properties in B.C., Yukon, Australia and Norway

On behalf of First Point Minerals Corp.

Jim Gilbert, President and CEO

Forward-Looking Statements

Certain of the statements made and information contained herein is considered "forward-looking information" within the meaning of applicable Canadian securities laws. These statements address future events and conditions and so involve inherent risks and uncertainties, as disclosed in the Company's periodic filings with Canadian securities regulators. Actual results could differ from those currently projected. The Company does not assume the obligation to update any forward-looking statement.

FOR FURTHER INFORMATION PLEASE CONTACT:
First Point Minerals Corp.
Jim Gilbert
President and CEO
(604) 681-8600


First Point Minerals Corp.
Rob Robertson
VP Corporate Development
(604) 681-8600
(604) 681-8799 (FAX)
info@firstpointminerals.com
www.firstpointminerals.com

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