Mr. Ian Peres reports

MONETA ANNOUNCES RECORD VOTING SUPPORT AT ANNUAL GENERAL MEETING

Moneta Porcupine Mines Inc. has released the results from its annual general meeting held on May 22, 2012.

Over 80 million shares were voted in support, approving the standard resolutions for the election of directors and the appointment of financial auditors as well as the special resolution to approve the shareholder rights plan between Moneta and Computershare Investor Services dated as of Jan. 24, 2012.

Ian C. Peres, president and chief executive officer of Moneta, commented: "This level of voting participation is particularly impressive and highly unusual. We would like to thank shareholders for their overwhelming voting support and ongoing confidence as we continue to advance our corporate objectives, including the advancement of our significant Golden Highway project."

The plan was adopted by the board of directors (Jan. 24, 2012, press release) following the announcement of a major National Instrument 43-101 mineral resource estimate on Moneta's Golden Highway project (Dec. 1, 2011, press release). The plan in no way prohibits a change of control of the company in a transaction that is procedurally fair to its shareholders. Management is not aware of any proposed or pending unsolicited takeover bid for the company.