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Mineral Mountain Resources Ltd.

11:33 AM EST - Mineral Mountain Resources Ltd. : Has increased the size of, and closed, its recently announced non-brokered private placement and has issued 3,948,862 units of the Company at a price of $0.275 per Unit to raise gross proceeds of $1,085,937. Each Unit consists of one common share of the Company and one common share purchase warrant, with each Warrant entitling the holder to purchase one common share of the Company for a period of two years from closing at an exercise price of $0.40 per Warrant Share in the first year and $0.55 per Warrant Share in the second year. Mineral Mountain Resources Ltd. shares V.MMV are trading up $0.025 at $0.28.