Mr. Nicholas Konkin reports

EV MINERALS ANNOUNCES PRIVATE PLACEMENT

EV Minerals Corp. has arranged a non-brokered private placement through the issuance of up to 25 million units at a price of 10 cents per unit for aggregate gross proceeds of up to $2.5-million.

Each unit shall consist of one common share in the capital of the company and one common share purchase warrant. Each warrant shall entitle the holder thereof to acquire one common share in the capital of the company at a price of 12 cents per common share for a period of 12 months from date of issuance.

The proceeds of the offering will be used for continued exploration of the company's nickel-copper-cobalt property located in Quebec, as well as for general capital working purposes.

All securities issued pursuant to the offering will be subject to a hold period of four months plus a day from the date of issuance and the resale rules of applicable securities legislation. The closing of the offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Canadian Securities Exchange.

About EV Minerals Corp.

EV Minerals is a Canadian exploration company focused on mineral exploration and development. The current focus is the EV nickel project, host of the nickel-copper-cobalt McNickel deposit. The project consists of 32 mineral claims covering approximately 1,792 hectares located in the Saguenay mining district in the province of Quebec. Containing a historical resource of 5,585,000 tonnes with grades of 0.21 per cent Ni, 0.11 per cent Cu and 0.03 per cent Co (National Instrument 43-101 non-compliant resource), the deposit was first discovered in 1987 with a major drilling program completed in 1989.

We seek Safe Harbor.