Mr. Scott Eldridge reports

MILITARY METALS ANNOUNCES NON-BROKERED PRIVATE PLACEMENT OF UNITS

Military Metals Corp. has arranged a non-brokered private placement of up to 10 million units of the company at a price of 15 cents per unit for gross proceeds of up to $1.5-million.

Each unit will consist of one common share in the capital of the company and one share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional share at a price of 20 cents per warrant share for a period of 24 months from the date of closing.

The company intends to use the net proceeds from the offering for further exploration activities related to the Trojarova gold-antimony project in Slovakia, technical studies related to the same and general working capital. The offering may close on one or more dates as the company may determine. Closing of the offering remains subject to a number of conditions, including the acceptance of the Canadian Securities Exchange. All securities issued in connection with the offering will be subject to a statutory hold period of four months and one day following the closing date in accordance with applicable Canadian securities laws and policies of the CSE.

In connection with the offering, the company may pay cash finders' fees of up to 8.0 per cent of the gross proceeds raised by the company from the sale of units to subscribers directly introduced to the company by eligible finders.

About Military Metals Corp.

The company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony.

We seek Safe Harbor.