DON

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Donner Metals Ltd. ("Donner" or the "Company") (TSX
VENTURE:DON)(FRANKFURT:D4M),, reports that it intends to complete a private
placement financing totaling approximately $600,000. The funds will be raised
through the issuance of approximately 5,000,000 units of the Company at a price
of $0.12 per unit. Each unit will consist of one common share in the capital of
the Company and one common share purchase warrant. Each warrant will entitle the
holder to acquire one common share at a price of $0.16 per common share for a
period of 2 years from the closing date. Finders' fees will be payable in
connection with the private placement.


The aggregate proceeds from the sale of the units will be used for the
advancement of the Valmond gold property in Quebec and for general working
capital purposes, including, without limitation, to explore a roll-up strategy.


The closing of the financing is subject to the completion of formal
documentation, receipt of all necessary regulatory approvals, including the
approval of the TSX Venture Exchange, and other customary conditions. The common
shares and warrants will be subject to a four-month hold period.


This press release does not constitute an offer to sell, nor is it a
solicitation of an offer to buy, securities. These securities have not been and
will not be registered under the United States Securities Act of 1933, as
amended, or the securities laws of any state, and may not be offered or sold in
the United States or to, or for the account or benefit of, U.S. persons unless
an exemption from the registration requirements of the United States Securities
Act of 1933, as amended, and all applicable state securities laws is available.
This press release does not constitute an offer to sell or the solicitation of
an offer to buy these securities in the United States or to, or for the account
or benefit of, U.S. persons.


About Donner Metals

Donner is an exploration company focused on the development of mineral
exploration projects in Quebec.


ON BEHALF OF THE BOARD OF DONNER METALS LTD.

Normand Champigny, President & Chief Executive Officer

This news release contains forward-looking information within the meaning of
applicable Canadian securities laws. All information other than historical fact
is forward-looking information. Forward-looking information relates to future
events or future performance and is based on Donner's current internal
expectations, estimates, projections, assumptions and beliefs. Forward-looking
information is often, but not always, identified by the use of words such as
"expect", "project", "proposed", "intend", "seek", "anticipate", "budget",
"plan", "continue", "estimate", "forecast", "may", "will", "predict",
"potential", "targeting", "could", "might", "should", "believe" and similar
expressions. Although management considers the assumptions and estimates,
reflected in forward-looking information, to be reasonable, based on information
currently available, there can be no assurance that such information will prove
to be correct. As a consequence, actual results may differ materially from those
anticipated.


Undue reliance should not be placed on forward-looking information which is
inherently uncertain, and subject to known and unknown risks and uncertainties
(both general and specific) and other factors that contribute to the possibility
that the future events or circumstances contemplated by the forward looking
information will not occur or that may cause the actual results, level of
activity, performance or achievements of the Company to be materially different
from those expressed or implied by such forward-looking information. These risks
include, but are not limited to risks associated with general economic
conditions, the actual results of current exploration activities, conclusions of
economic evaluations, changes in project parameters as plans continue to be
refined, future metal prices, financial risks and substantial capital
requirements. Further information regarding certain of these risks (as well as
risks relating generally to the Company's business) may be found under the
headings "Risks and Uncertainties", "Forward-Looking Information" and "Financial
risk factors" in the latest Company's Management's Discussion & Analysis on
www.sedar.com. Readers are cautioned that the foregoing list of factors that may
affect future results is not exhaustive. The forward-looking statements
contained in this news release are made as of the date hereof and Donner does
not undertake any obligation to update publicly or to revise any of the included
forward-looking statements, except as required by applicable law. The
forward-looking statements contained herein are expressly qualified by this
cautionary statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Donner Metals Ltd.
514.286.1665
donner@bed-rock.com
www.donnermetals.com

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