KMI

Killdeer Minerals Inc. (TSX VENTURE:KMI) ("Killdeer" or the "Company") is
pleased to announce that it has completed the private placement (the
"Financing") with MineralFields Group to raise gross proceeds of $700,000.


Under the terms of the Financing, Killdeer has issued 2,800,000 flow-through
units (the "FT Units") at a price of $0.25 per FT Unit. Each FT Unit consisted
of one flow-through common share and one-half of a transferable non flow-through
common share purchase warrant ("Warrants"). Each whole Warrant will entitle the
holder to purchase one additional non flow-through common share at an exercise
price of $0.35 per share until December 10, 2010, and thereafter at $0.45 per
share until December 10, 2011.


If the Company's shares close on the TSX Venture Exchange at any time after
April 11, 2010 for twenty consecutive trading days at a price of $0.50 per share
or higher until December 10, 2010, and thereafter at a price of $0.65 per share
or higher until December 10, 2011, then the Company may accelerate the expiry
time to 30 calendar days from the date of express written notice delivered to
the Warrant holders by way of registered mail, or thereafter the unexercised
Warrants will be forfeited and terminated. The securities issued are subject to
a hold period expiring April 11, 2010.


About MineralFields, Pathway and First Canadian Securities (R)

MineralFields Group (a division of Pathway Asset Management), based in Toronto,
Vancouver and Calgary, is a mining fund with significant assets under
administration that offers its tax-advantaged super flow-through limited
partnerships to investors throughout Canada as well as hard-dollar resource
limited partnerships to investors throughout the world. Pathway Asset Management
also specializes in the manufacturing and distribution of structured products
and mutual funds (including the Pathway Multi Series Funds Inc. corporate-class
mutual fund series). Information about MineralFields Group is available at
www.mineralfields.com. First Canadian Securities (R) is active in leading
resource financings (both flow-through and hard dollar PIPE financings) on
competitive, effective and service-friendly terms, and offers investment
banking, mergers and acquisitions, and mining industry consulting, services to
resource companies. MineralFields and Pathway have financed several hundred
mining and oil and gas exploration companies to date through First Canadian
Securities (R).


KILLDEER MINERALS INC.

Mike Elson, President & Chief Executive Officer

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