LMD LED Medical Diagnostics Inc

NEMASKA EXPLORATION INC. ("Nemaska" or the"Corporation") (TSX VENTURE:NMX) is
pleased to announce that it has completed, as of today, a private placement of
1,650,000 units (each a "Unit and collectively the "Units") at a price of $0.40
per Unit for aggregate gross proceeds of $660,000 (the "Units Offering") and a
private placement of 2,665,000 flow-through units (each a "Flow-Through Unit"
and collectively the "Flow-Through Units") at a price of $0.50 per Flow-Through
Unit for aggregate gross proceeds of $1,332,500 (the "Flow-Through Offering").


Each Unit is comprised of one common share in the capital of the Corporation
(each a "Common Share" and collectively the "Common Shares") and one common
share purchase warrant of the Corporation (each a "Warrant" and collectively the
"Warrants"). Each Flow-Through Unit is comprised of one Common Share issued as a
"flow-through share" and one-half of one Warrant. Each whole Warrant entitles
the holder thereof to subscribe to one Common Share at a price of $0.60 per
Common Share for a period of 24 months from the closing date, subject to an
acceleration provision if the price of the Common Shares of the Corporation
listed on the TSX Venture Exchange Inc. is equal to or above $1.20 for a period
of 20 consecutive trading days. In this event, the Warrants must be exercised or
will expire thirty calendar days after notice is mailed to the holders of
Warrants.


An aggregate number of 1,287,500 Units for aggregate gross proceeds of $515,000
and an aggregate number of 1,215,000 Flow-Through Units for aggregate gross
proceeds of $607,500 have been sold to subscribers through NCP Northland Capital
Partners Inc. ("NCP") and Industrial Alliance Securities Inc. ("IAS") acting as
agents with NCP acting as sole bookrunner and as co-lead manager with IAS (the
"Brokered Offering").


An aggregate number of 1,000,000 Flow-Through Units have also been subscribed by
Pathway Quebec Mining 2010 Flow-Through LP ("MineralFields") for aggregate gross
proceeds of $500,000 (the "MineralFields Offering").


NCP and IAS received an aggregate cash commission of $89,800 and an aggregate
number of 225,225 compensation options (the "Compensation Options") of which an
aggregate of 115,875 Compensation Options entitle NCP and IAS to subscribe to
115,875 Common Shares at a price of $0.40 per Common Share and an aggregate of
109,350 Compensation Options entitle NCP and IAS to subscribe to 109,350 Common
Shares at a price of $0.50 per Common Share, the whole for a period of 24 months
from the closing date.


Limited Market Dealer Inc. ("LMD"), acting as finder in connection with the
MineralFields Offering received a cash finder's fee of $30,000 and an aggregate
number of 90,000 finder's options (the "Finder's Options") entitling LMD to
subscribe to a number of up to 90,000 Common Share at a price of $0.50 per
Common Share for a period of 24 months from the closing date.


In addition, the Corporation has completed a first tranche of a private
placement on a non-brokered basis (the "Non-Brokered Offering") whereby the
Corporation has issued an aggregate number of 450,000 Flow-Through Units for
aggregate gross proceeds of $225,000 and an aggregate number of 362,500 Units
for aggregate gross proceeds of $145,000. The second tranche of the Non-Brokered
Offering is expected to close on or before July 8, 2010.


All securities comprised in the Units and the Flow-Through Units as well as the
Finder's Options and the Compensation Options are subject to a four-month hold
period.


The Corporation expects to be able to file shortly all required documentation to
satisfy the conditional acceptance of the TSX Venture Exchange Inc.


About Nemaska Exploration

Nemaska Exploration Inc. is a mineral exploration company involved in the James
Bay region of Quebec. Its main assets are the Whabouchi (about 2,240 hectares),
Lac Levac (about 7,212 hectares), Lac Arques (about 35,270 hectares), and Lac
des Montagnes (about 16,695 hectares) properties, all 100 % owned. These
properties are contiguous and cover about 70 km of the Lac des Montagnes green
belt polymetallic formation. They are easily accessible year round by either the
Route du Nord from Chibougamau (280 km) or the Route de la Baie James from
Matagami (380 km) and are located near the Cree community of Nemaska and the
Nemiscau airport.


Neither 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. 


The statements herein that are not historical facts are forward-looking
statements. These statements address future events and conditions and so involve
inherent risks and uncertainties, as disclosed under the heading "Risk Factors"
in the Company's periodic filings with Canadian securities regulators. Actual
results could differ from those currently projected. The Company does not assume
the obligation to update any forward-looking statement.

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