Amazon Mining Announces Cdn$4 Million Private Placement Financing

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES.


Amazon Mining Holding Plc (TSX VENTURE:AMZ) ("Amazon Mining" or the "Company")
is pleased to announce that it has retained Ocean Equities Ltd. to act as agent
in connection with a proposed best efforts private placement of up to 960,000
ordinary shares at a price of Cdn$4.17 per share for gross proceeds of up to
Cdn$4,003,200. The net proceeds of the private placement will be applied to the
general working capital of the Company and the development of its Cerrado Verde
potash project.


The shares to be sold under this private placement will be offered on a private
placement basis to persons who are not residents of Canada or the United States
pursuant to available prospectus exemptions under applicable securities laws.
The placement is anticipated to include the participation of a strategic Latin
American investor with expertise in the fertilizer and farming sectors.


The closing date for the private placement is scheduled for December 30th, 2010
and is subject to certain conditions including the receipt of the approval of
the TSX Venture Exchange.


About Amazon Mining

Amazon Mining is a mineral exploration and development company founded and led
by Brazilians since 2005. The company is focused on the development of the
Cerrado Verde project. Cerrado Verde is source of a potash rich rock from which
Amazon plans to produce a slow-release, non-chloride, multi-nutrient, fertilizer
product. Amazon Mining is a UK public company with shares listed on the TSX
Venture Exchange since November 2007.


On behalf of the Board of Directors of Amazon Mining Holding Plc, Cristiano
Veloso, President and CEO.


Cautionary Language and Forward Looking Statements

THIS PRESS RELEASE CONTAINS CERTAIN "FORWARD LOOKING STATEMENTS", WHICH INCLUDE
BUT IS NOT LIMITED TO, STATEMENTS WITH RESPECT TO THE FUTURE FINANCIAL OR
OPERATING PERFORMANCE OF THE COMPANY, ITS SUBSIDIARIES AND ITS PROJECTS,
STATEMENTS REGARDING USE OF PROCEEDS, EXPLORATION PROSPECTS, IDENTIFICATION OF
MINERAL RESERVES, COSTS OF AND CAPITAL FOR EXPLORATION PROJECTS, EXPLORATION
EXPENDITURES, TIMING OF FUTURE EXPLORATION AND PERMITTING, REQUIREMENTS FOR
ADDITIONAL CAPITAL, GOVERNMENT REGULATIONS OF MINING OPERATIONS, ENVIRONMENTAL
RISKS, RECLAMATION EXPENSES, TITLE DISPUTES OR CLAIMS, AND LIMITATIONS OF
INSURANCE COVERAGE. FORWARD LOOKING STATEMENTS CAN GENERALLY BE IDENTIFIED BY
THE USE OF WORDS SUCH AS "PLANS", "EXPECTS", OR "DOES NOT EXPECT" OR "IS
EXPECTED", "ANTICIPATES" OR "DOES NOT ANTICIPATE", OR "BELIEVES", "INTENDS",
"FORECASTS", "BUDGET", "SCHEDULED", "ESTIMATES" OR VARIATIONS OF SUCH WORDS OR
PHRASES OR STATE THAT CERTAIN ACTIONS, EVENT, OR RESULTS "MAY", "COULD",
"WOULD", "MIGHT", OR "WILL BE TAKEN", "OCCUR" OR "BE ACHIEVED". FORWARD LOOKING
STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND OTHER FACTORS
WHICH MAY CAUSE THE ACTUAL RESULTS, PERFORMANCE OR ACHIEVEMENTS OF THE COMPANY
TO BE MATERIALLY DIFFERENT FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS
EXPRESSED OR IMPLIED BY SAID STATEMENTS. THERE CAN BE NO ASSURANCES THAT
FORWARD-LOOKING STATEMENTS WILL PROVE TO BE ACCURATE, AS ACTUAL RESULTS AND
FUTURE EVENTS COULD DIFFER MATERIALLY FROM THOSE ANTICIPATED IN SAID STATEMENTS.
ACCORDINGLY, READERS SHOULD NOT PLACE UNDUE RELIANCE ON FORWARD-LOOKING
STATEMENTS. 


Readers are cautioned not to rely solely on the summary of such information
contained in this release and are directed to the complete set of drill results
posted on Amazon's website (www.amazonplc.com) and filed on SEDAR
(www.sedar.com) and any future amendments to such. Readers are also directed to
the cautionary notices and disclaimers contained herein.

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