Mr. John Gomez reports

INOMIN ANNOUNCES NON-BROKERED PRIVATE PLACEMENT

Inomin Mines Inc. has arranged a non-brokered private placement of up to 10 million units at five cents per unit for gross proceeds of up to $500,000. Each unit will comprise one common share of the company and one-half of one share purchase warrant. Each whole warrant will be exercisable to purchase a share at a price of 10 cents per share for a period of 24 months from the date of issuance thereof. The company may accelerate the expiry date of the warrants, if the closing price of the shares is 20 cents or greater for a period of 10 consecutive trading days, by issuing a news release or other form of notice permitted by the certificates governing the warrants, provided that the accelerated expiry date shall not be less than 30 days from the date notice is given.

Inomin intends to use the gross proceeds raised from the financing for general working capital and to advance the company's property interests, including initiatives to support follow-up drilling at the company's Beaver-Lynx project, where Inomin has made discoveries of magnesium plus nickel, chromium and cobalt -- all critical minerals. The company's objective for the next drilling program at Beaver-Lynx is to delineate a maiden resource. Exploration, including drilling at Beaver-Lynx, has identified multiple mineral exploration targets.

The company may pay finders' fees comprising cash and non-transferable share purchase warrants in connection with the financing, subject to compliance with the policies of the TSX Venture Exchange. All securities issued and sold under the financing will be subject to a hold period expiring four months and one day from the date of issuance. Completion of the financing and the payment of any finders' fees remain subject to the receipt of all necessary regulatory approvals, including the approval of the TSX-V.

Inomin Mines director L. John Peters, PGeo, a qualified person as defined by National Instrument 43-101, Standards of Disclosure for Mineral Projects, has reviewed and approved the technical information in this news release.

About Inomin Mines Inc.

Inomin Mines is focused on the identification, acquisition and exploration of mineral properties with strong potential to host significant resources, especially critical minerals, as well as gold and silver projects. Inomin trades on the TSX-V under the symbol MINE.

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