Mr. Christopher Moreau reports

MIRACULINS ANNOUNCES CLOSING OF PRIVATE PLACEMENT OFFERING

Miraculins Inc. has closed its recently announced private-placement offering. The offering was oversubscribed with total gross proceeds to the company of $500,000 from the sale of 4,545,455 units at a price of 11 cents per unit. Each unit comprises one common share of the company and one share purchase warrant.

Each whole warrant entitles the holder to purchase one share at a price of 15 cents per share for a period of 12 months from the date the warrant is issued. The shares and warrants will be restricted from transfer for a period of four months and a day from the date hereof, in accordance with applicable securities laws. The net proceeds of the offering shall be used for general corporate purposes.

Certain persons assisted the company by introducing potential subscribers for the offering and were paid a finder's fee of 8 per cent of the total subscription proceeds received from subscribers introduced to the company by each particular person. Additionally, these persons were issued compensation warrants equal to 8 per cent of the total number of units subscribed for by subscribers introduced to the company by each particular person. Each compensation warrant entitles the holder thereof to purchase one share at a price of 15 cents per share for a period of 12 months from the date of issue. The compensation warrants will be restricted from transfer for a period of four months and a day from the date hereof, in accordance with applicable securities laws.

The closing of the offering is subject to the final approval of the TSX Venture Exchange.