Mr. Mario Pezzente reports

GERMANIUM MINING CORP. ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Germanium Mining Corp. has arranged a non-brokered private placement of up to 1,666,666 units at 15 cents per unit for gross proceeds of up to $250,000. Each unit will consist of one common share and one transferable common share purchase warrant. Each warrant entitles the holder to purchase one additional share of the company at 17.5 cents per share for a period of 24 months from the date of issuance.

The net proceeds from the placement will be allocated toward general corporate purposes, including arm's-length payables. In accordance with the regulations of the Canadian Securities Exchange, a finder's fee may be applicable. All securities issued pursuant to the private placement will be subject to a hold period of four months and one day as required under applicable securities legislation.

The closing of the offering is subject to a number of conditions, including receipt of all necessary corporate and regulatory approvals.

About Germanium Mining Corp.

Germanium is a publicly traded mineral exploration company focused on the exploration and advancement of discovery-stage mineral properties in top-tier mining jurisdictions across North America.

We seek Safe Harbor.