CHAMPION MINERALS INC. ("Champion" or the "Company") (TSX VENTURE: CHM)(FRANKFURT: P02) is pleased to announce that its common shares will be listed for trading on the Toronto Stock Exchange ("TSX") on Monday, September 27, 2010 under its current trading symbol "CHM". Concurrently with the listing on the TSX, the Company's shares will no longer trade and will be delisted from the TSX Venture Exchange.

Thomas Larsen, Champion's President and CEO states, "We are pleased to have graduated to the premier Canadian exchange. Listing on the TSX will provide Champion greater market visibility and increased access to capital to help drive the Company's growth as it advances its portfolio of iron properties."

About Champion Minerals

Champion is a junior exploration Company focused on discovering and developing significant metal resources in eastern Canada, particularly in northeastern Quebec and Labrador and Newfoundland. The Company's projects include the Fermont Iron Property in northeastern Quebec, the Attikamagen Iron Property in western Labrador and northeastern Quebec and the Powderhorn and Gullbridge Base Metal Projects in central Newfoundland.

The statements made in this news release that are not historical facts are "forward-looking statements" and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these "forward-looking" statements.

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.

Contacts: Champion Minerals Inc. Thomas G. Larsen President & CEO (416) 866-2200 Champion Minerals Inc. Jorge Estepa Vice-President (416) 866-2200

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