Mr. Thomas Atkins reports

MAMMOTH ANNOUNCES UPSIZING TO $980,000 IT'S PREVIOUSLY ANNOUNCED PRIVATE PLACEMENT FINANCING

Due to additional demand, Mammoth Resources Corp. has requested and received conditional approval from the Toronto Stock Exchange to upsize its previously announced non-brokered private placement of up to 30 million units of the company at an offering price of 2.5 cents per unit, for gross proceeds of up to $750,000 to up to 39 million units, for gross proceeds of up to $980,000. The upsized private placement is at the same terms as the previous announcement, wherein each unit consists of one common share of the company and one-half common share purchase warrant. Each warrant will entitle the holder thereof to acquire one common share until 18 months following closing of the private placement, at an exercise price of five cents. The company has set no minimum number of units to be distributed and no minimum dollar amount required to be raised in connection with the private placement.

The gross proceeds of the private placement will be used to advance the company's Tenoriba precious metal project in Chihuahua state, Mexico, to evaluate potential project acquisitions and support working capital needs.

The private placement

This private placement is available to accredited investors. The pricing of this private placement was granted under the venture exchange discretionary waiver bulletin. Under the conditions of the bulletin, the pricing of the private placement was set by the company's closing share price of 2.5 cents/share, the day prior to the original announcement. The pricing of the private placement represents a small premium from the 10-day volume-weighted average share price during the previous 10 trading days of 2.2 cents/share from the date of the original announcement. Securities issued under this private placement will be subject to a four-month hold period. In accordance with the requirements of the investment dealer exemption, the company confirms there is no material fact or material change related to the company which has not been disclosed. The company has been granted conditional approval for this private placement; however, closing of this private placement is subject to receipt of all required regulatory and exchange approvals. The company may pay a finders' fees on a portion of the private placement in accordance with applicable securities laws and the policies of the TSX Venture Exchange.

From the gross proceeds of the private placement, approximately 60 per cent are intended to be used to advance the company's Tenoriba precious metal project in Chihuahua state, Mexico, and to evaluate potential project acquisitions, with the remaining 40 per cent intended to support working capital needs.

About Mammoth Resources Corp.

Mammoth Resources is a precious metal mineral exploration company focused on acquiring and defining precious metal resources in Mexico and other attractive mining-friendly jurisdictions in the Americas. The company holds a 100-per-cent interest (subject to a 2-per-cent net smelter royalty purchasable anytime within two years from commencement of commercial production for $1.5-million (U.S.)) in the 5,333-hectare Tenoriba gold property located in the Sierra Madre precious metal belt in southwestern Chihuahua state, Mexico. Mammoth is seeking other opportunities to option exploration projects in the Americas on properties it deems to host above-average potential for economic concentrations of precious metals mineralization.

We seek Safe Harbor.