Mr. John Gomez reports

INOMIN SIGNS DEFINITIVE AGREEMENT FOR SALE OF LA GITANA AND PENA BLANCA MINING CONCESSIONS

Inomin Mines Inc. has entered into a definitive share purchase agreement with Calu Royalty SAPI De CV, an arm's-length party, for the sale of the company's subsidiary, Minera Rio Dorado SA De CV (SubCo), which holds a 100-per-cent interest in the company's mining concessions in Oaxaca, Mexico, known as La Gitana and Pena Blanca gold-silver properties.

Pursuant to the sale agreement, the company will sell all of the issued and outstanding shares of SubCo to the purchaser for an aggregate total of $350,000 in cash consideration. The purchase price will be payable as follows: (i) $100,000 within five days following the date the parties execute the sale agreement; (ii) $100,000 on the closing of the transaction; and (iii) $150,000 on the earlier of: (a) the date on which the mining concessions are registered to SubCo in the Mexico Public Mining Registry; and (b) six months following the effective date.

The transaction is expected to constitute a reviewable transaction for the company, as defined in Policy 5.3 (Acquisitions and Dispositions of Non-Cash Assets) of the TSX Venture Exchange, and, as such, is subject to TSX-V review and acceptance. There are no finders' fees payable in connection with the transaction.

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 Venture Exchange under the symbol MINE.

We seek Safe Harbor.