Mr. Agustin Dranovsky reports

MINSUD ANNOUNCES PRIVATE PLACEMENT

Minsud Resources Corp. intends to complete, subject to the acceptance of the TSX Venture Exchange, a non-brokered private placement of up to two million common shares of the company, at a price of 50 cents per common share, for gross proceeds of up to $1-million.

The net proceeds will be used to continue exploring the Chita Valley project, as well as working capital and corporate overhead requirements. No commission or finder's fee will be paid in connection with the private placement. The common shares will be subject to a hold period of four months and a day from their date of issuance.

A portion of the common shares issued under the private placement are expected to be subscribed for by insiders of the company. Any such subscription will constitute a related party transaction within the meaning of TSX Venture Exchange Policy 5.9, which incorporates Multilateral Instrument 61-101. The company intends to rely on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(a) of MI 61-101 in respect of such insider participation.

About Minsud Resources Corp.

Minsud is a mineral exploration company focused on exploring its flagship Chita Valley Cu-Mo-Au-Ag-Pb-Zn (copper-molybdenum-gold-silver-lead-zinc) project in the province of San Juan, Argentina. The company's shares are listed on the TSX-V under the trading symbol MSR and on the OTCQX under the symbol MDSQF.

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