Mr. Alex Klenman reports

MANNING VENTURES ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT

Manning Ventures Inc. has closed its previously announced non-brokered private placement of 9,986,665 common shares of the company at an issue price of six cents per Share, for gross proceeds of $599,199.90.

In connection with the closing of the offering, the company paid aggregate cash finders' fees of $8,904 and issued an aggregate of 148,400 non-transferable finders' warrants to eligible arm's-length finders, including Haywood Securities Inc., Ventum Financial Corp. and Canaccord Genuity Corp. Each finder's warrant is exercisable into one common share at a price of 12 cents per common share for a period of two years from the date of issuance.

The company intends on using the net proceeds from the offering for general working capital purposes.

Certain insiders of the company participated in the offering. Such participation constitutes a related party transaction as defined under Multilateral Instrument 61-101, Protection of Minority Security Holders in Special Transactions. The company is relying on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to subsections 5.5(a) and 5.7(a) thereof, as neither the fair market value of any securities issued to such insider nor the consideration paid by such person exceeds 25 per cent of the company's market capitalization, as determined in accordance with MI 61-101.

The securities issued pursuant to the offering are subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation.

About Manning Ventures Inc.

Manning Ventures is a mineral exploration and development company focused metals and materials critical to the growing energy metals space. Manning's project portfolio is focused on copper in Nevada, lithium/copper in Ontario and Quebec, and multiple iron ore projects in Quebec.

We seek Safe Harbor.