MOC

Morumbi Resources Inc. (TSX VENTURE:MOC) ("Morumbi" or the "Company") is pleased
to announce that it has closed a non-brokered private placement offering (the
"Offering") for gross proceeds of $750,000. The Company issued 15,000,000 common
shares of the Company (each a "Common Share"), at a price of $0.05 per Common
Share. In connection with the Offering, the Company paid $29,540 in cash
finder's fees to certain eligible finders.


One director and officer of the Company acquired an aggregate of 3,700,000
Common Shares in the Offering. The participation of such director and officer in
the Offering constitutes a related party transaction pursuant to Multilateral
Instrument 61-101 - Protection of Minority Security Holders in Special
Transactions ("MI 61-101"). The Company is exempt from the formal valuation and
minority approval requirements of MI 61-101 in reliance on Sections 5.5(b) and
Sections 5.7(b), respectively, of MI 61-101.


All Common Shares issued pursuant to the Offering are subject to a four (4)
month and one (1) day statutory hold commencing from closing. The Offering is
subject to TSX Venture Exchange acceptance of requisite regulatory filings. The
proceeds raised from the Offering will be used for general working capital.


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 release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Morumbi Resources Inc.
Chris Buncic
President & CEO
416-366-4200
cbuncic@morumbi.ca
www.morumbi.ca

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