MGG Minaurum Gold Inc

Minaurum Gold Inc. ("Minaurum") (TSX VENTURE:MGG) is pleased to announce that it
has closed a non-brokered private placement financing of 5,620,000 units at a
price of $0.10 per unit for gross proceeds of $562,000. Each unit consists of
one common share and one common share purchase warrant. Each warrant will
entitle the holder thereof to acquire one additional common share of Minaurum
for a period of two (2) years at an exercise price of $0.10. Lowell Copper has
subscribed for 620,000 units. A finders' fee of 150,000 common shares was paid
in connection with the financing. The securities issued under the offering will
be subject to a four month hold period in accordance with applicable Canadian
securities laws.


The funds raised by way of the private placement will be used for working
capital purposes. 


Minaurum Gold is a gold-copper explorer focused on its Vuelcos del Destino
project in the Guerrero Gold Belt, Mexico. For more information, please visit
our website at www.minaurum.com and our YouTube Minaurum Video Channel
(www.youtube.com/user/minaurumgold).


ON BEHALF OF THE BOARD

Darrell A. Rader, President and CEO

The TSX Venture Exchange does not accept responsibility for the adequacy or
accuracy of this news release.


Cautionary Note Regarding Forward-Looking Statements: Certain disclosure in this
release, including statements regarding the intended use of proceeds, constitute
forward-looking information. In making the forward-looking statements in this
release, Minaurum has applied certain factors and assumptions that are based on
Minaurum' s current beliefs as well as assumptions made by and information
currently available to Minaurum, including that the Minaurum is able to obtain
any required government or other regulatory approvals, equipment and personell
for its planned operations and that actual results of exploration activities
will be consistent with management's expectations. Although Minaurum considers
these assumptions to be reasonable based on information currently available to
it, they may prove to be incorrect, and the forward-looking statements in this
release are subject to numerous risks, uncertainties and other factors that may
cause future results to differ materially from those expressed or implied in
such forward-looking statements, including actual results of Minaurum's
operations being different than those expected by management and delays in
obtaining or failure to obtain required government or other regulatory
approvals, equipment, personnel or financing. Readers are cautioned not to place
undue reliance on forward-looking statements. Minaurum does not intend, and
expressly disclaims any intention or obligation to, update or revise any
forward-looking statements whether as a result of new information, future events
or otherwise, except as required by law.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Minaurum Gold Inc.
Sunny Pannu
Investor Relations Manager
(778) 330 0994
info@minaurum.com
www.minaurum.com

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