MBR Mbmi Resources Inc.

MBMI RESOURCES INC. ("MBMI" or the "Company") (TSX VENTURE:MBR) reports that,
included in the 2009 year-end audited financial statements filed June 22, 2009,
for the fiscal year ended January 31, 2009, the Company restated its
consolidated balance sheet as at January 31, 2008 to correct an error in the
accounting for a note receivable of $450,794. These funds were advanced in
fiscal 2008 to acquire land used by the Company's joint venture for stockyard
facilities. A director of one of the Company's Philippine joint ventures retains
title to the land because of legal restrictions preventing the Company's joint
venture company from owning land. The 2008 consolidated balance sheet and
consolidated statement of cash flows have been restated to correctly report the
advance as a note receivable as opposed to property, plant and equipment. This
restatement did not result in any changes to the consolidated statements of
operations and comprehensive loss and shareholders' equity for the year ended
January 31, 2008.


Full financial results may be found at www.sedar.com or the Company's website.

Corporate Profile

MBMI Resources Inc. is a Canadian-based mining company focused on the
exploration and development of nickel mineral properties in the Philippines.
MBMI and its Philippine partners have an interest in nine nickel laterite
projects in the Philippines, covering an area greater than 22,000 hectares.
MBMI's objective is to become a major supplier of high-grade nickel products to
primary industrial consumers in Asia.


ON BEHALF OF THE BOARD OF DIRECTORS

Michael T. Mason, President and Director

This news release may contain forward-looking information including but not
limited to comments regarding the timing and content of upcoming financings,
work programs, geological interpretations, receipt of property titles, potential
mineral recovery processes, etc. Forward-looking information includes disclosure
regarding possible future events, or conditions or results of operations that is
based on assumptions about future economic conditions and courses of action, and
therefore, involves inherent risks and uncertainties. Although management has a
reasonable basis for the conclusions drawn, actual results may differ materially
from those currently anticipated in such statements.

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