Northern Vertex Announces $12.65 Million Non-Brokered Private Financing

October 18, 2011

Northern Vertex Announces $12.65 Million Non-Brokered Private Financing

Vancouver, B.C. - Northern Vertex Capital Inc. (TSX.V:NEE) (“Northern Vertex”) is pleased to announce a Non-Brokered private placement (the “Private Placement”) of up to approximately 11 million units (each “Unit”) at a purchase price of $1.15 per Unit, for aggregate gross proceeds to the Company of up to $12,650,000.

Northern Vertex Reports Significant NI 43-101 Resource of 590,400 Ounces of Gold Equivalent Resources at the Moss Gold-Silver Project

Northern Vertex Reports Significant NI 43-101 Resource of 590,400 Ounces of Gold Equivalent Resources at the Moss Gold-Silver Project

Vancouver, B.C. - Northern Vertex Capital Inc. (TSX.V:NEE) (“Northern Vertex”) is pleased to announce that it has obtained an independent resource estimate from the engineering firm Scott E. Wilson Consulting, Inc. (“SEWC”) with respect to its Moss Gold-Silver Project situated in the historic Oatman Mining district in Mohave County, Northwestern Arizona. The resource estimate was based on 288 exploration drill holes, 8 trenches and 53 channel samples of which 58 of the drill holes were part of a Northern Vertex Phase I drilling program recently conducted on the Moss Project.

Scott E. Wilson Consulting - October 2011 - Independent Resource Calculation

At a 0.3 gram per ton gold cutoff the current resource at Moss is reported as:

INDICATED RESOURCE at 0.3 g/t Au Cutoff
Tonnes	Grades (Grams/Tonne)1		Contained Metal (Ounces)2
x 1,000	Au	Ag	Au	Ag	Au Equivalent3
13,377	0.89	9.4	383,248	4,021,740	483,7924

INFERRED RESOURCE at 0.3 g/t Au Cutoff
Tonnes	Grades (Grams/Tonne)1		Contained Metal (Ounces)2
x 1,000	Au	Ag	Au	Ag	Au Equivalent3
4,731	0.55	6.2	83,124	940,164	106,6284

¹ Grams/Tonne = grams / metric tonne;

² ounces = troy ounces / short ton

³ AuEq (ozs) = Au (ozs) + 1/40th Ag (ozs)

⁴ Assumes 100% metallurgical recovery