Shaping upToronto, Ontario, January 17, 2017 – Jiminex Inc. (TSX.V: JIM) (the "Company") announces that it has completed the sale of its 50% undivided interest in certain mining claims located in the Hemlo gold mining area situated East of Marathon, in the Province of Ontario (hereinafter the “Northern Eagle Property”) for total cash consideration of $100,000 pursuant to an agreement with Beaufield Resources Inc. ("Beaufield") (TSX.V: BFD) dated October 24, 2016. Beaufield previously owned a 50% interest in the property pursuant to an Option and Joint Venture Agreement dated May 4, 2010. The proceeds of the sale of the Northern Eagle Property will be used to fund the Company’s application to have the cease trade order issued on March 25, 2014 (the “CTO”) lifted by the Ontario Securities Commission. The Company also wishes to announce that it anticipates relisting onto the TSX Venture Exchange (the “Exchange”) upon payment of all outstanding Exchange fees and reinstatement fees, and the completion of the CTO revocation.