MMI Messina Minerals Inc.

Messina Minerals Inc. (TSX VENTURE:MMI) (the "Company") is pleased to announce a
non-brokered private placement of up to 1,500,000 units of its securities at a
price of $0.10 per unit for gross proceeds of up to $150,000. Each unit will
consist of one common share and one common share purchase warrant entitling the
holder to subscribe for one additional common share at a price of $0.12 for a
period of two years from closing.


Proceeds received from the private placement are intended to be used for
corporate purposes and to continue exploration work on the Company's properties
in central Newfoundland.


The offering is expected to close on or about September 28, 2010 and is subject
to certain conditions and to the receipt of all required regulatory approvals
and consents, including the approval of the TSX Venture Exchange. The securities
of the Company issuable pursuant to the private placement will be subject to a
Canadian hold period expiring four months and one day after the closing date.


The securities proposed to be offered in the private placement have not been
registered under the U.S. Securities Act of 1933, as amended, or any State
securities laws, and may not be offered or sold in the United States or to U.S.
Persons absent registration or an applicable exemption from the registration
requirements.


About Messina

Messina Minerals Inc. is exploring for zinc-lead-copper-silver-gold massive
sulphide deposits in central Newfoundland, Canada on its extensive 410 square
kilometer mineral lands, in a region known historically for its zinc-copper
resources and where the Company has made massive sulphide discoveries including
"Boomerang" and "Domino". See our website for more information.


This press release shall not constitute an offer to sell or the solicitation of
an offer to buy any securities, nor shall there be any sale of the securities in
any jurisdiction in which such offer, solicitation or sale would be unlawful.


ON BEHALF OF THE BOARD OF DIRECTORS OF MESSINA MINERALS INC.

Peter Tallman, President

Messina Minerals Inc. (TSXV:MMI)
Historical Stock Chart
From Jun 2024 to Jul 2024

Messina Minerals Inc. (TSXV:MMI)
Historical Stock Chart
From Jul 2023 to Jul 2024