Amazon Mining Closes Cdn$10 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" or the "Company") is
pleased to announce that it has completed its previously announced private
placement financing with a syndicate of underwriters co-led by GMP Securities
L.P. and Wellington West Capital Markets Inc., and which includes Salman
Partners Inc. (the "Underwriters"). Pursuant to the private placement, the
Underwriters purchased 960,000 ordinary shares of the Company at a price of
$4.17 per share, resulting in gross proceeds to the Company of approximately
$4,003,200 (the "Underwritten Offering"). In addition to the Underwritten
Offering, the Underwriters completed a "best efforts" private placement of
1,438,100 shares out of the 1,440,000 shares available pursuant to the exercise
of the Underwriters' option (the "Option"). Overall, pursuant to the
Underwritten Offering and the Option, 2,398,100 shares were sold for gross
proceeds to the Company of $10,000,077.


Amazon paid to the Underwriters a commission of $600,004.62, being 6.0% of the
gross proceeds of the private placement, and has issued 143,886 broker's
warrants to the Underwriters, entitling the Underwriters to acquire 143,886
shares of the Company, being 6.0% of the number of shares issued pursuant to the
private placement. The broker warrants are exercisable until January 11, 2013 at
an exercise price of $4.17 per share.


The net proceeds of the Offering will be applied to the general working capital
of the Company and the development of its Cerrado Verde potash project.


All securities issued in connection with the Offering will be subject to a
statutory hold expiring on May 12, 2011 in accordance with applicable securities
legislation.


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 a 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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