MBMI RESOURCES INC. (the "Company") (TSX VENTURE:MBR) is pleased to announce
that it closed the second and final tranche (the "Second Tranche") of the
private placement previously announced in its press releases of July 31, 2012
and August 20, 2012. Before this second closing, proceeds of $610,000 had
already been raised in this financing. The Second Tranche raised $90,000 in
proceeds from the sale of 1,800,000 Units. As a result, the private placement
raised a total of $700,000. With the close of the private placement, the Company
now has 36,264,968 Common Shares issued and outstanding. 


All securities issued in connection with the Second Tranche will be subject to a
four-month hold period expiring January 17, 2013. The Company has received
conditional approval of the private placement from the TSX Venture Exchange. The
private placement is subject to final approval by the TSX Venture Exchange.


For further information relating to the Company or this release, please refer to
the Company's website at www.mbmiresources.com.


Cautionary Statement: 

The foregoing information may contain forward-looking statements relating to the
future performance of MBMI Resources Inc. Forward-looking statements,
specifically those concerning future performance, are subject to certain risks
and uncertainties, and actual results may differ materially from the Company's
plans and expectations. These plans, expectations, risks and uncertainties are
detailed herein and from time to time in the filings made by the Company with
the TSX Venture Exchange and securities regulators. MBMI Resources Inc. does not
assume any obligation to update or revise its forward-looking statements,
whether as a result of new information, future events or otherwise.


Mbmi Resources Inc. (TSXV:MBR)
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