Vela Minerals Limited Announces Amended Stock Option Pricing

(via Thenewswire.ca)

January 3, 2013 - Calgary, Alberta: Vela Minerals Ltd. (the "Company") (VLA: TSX-V) announces the exercise price of the stock options grants to Directors of the Company announced earlier today has been amended from $0.15 to $0.175 per share to reflect the most recent closing share price.

ON BEHALF OF THE BOARD

Per:/s/ "Charles Chebry"

Chief Executive Officer

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

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