Mr. Jamil Sader reports

MONUMENTAL MINERALS CORP. CLOSES ADDITIONAL STRATEGIC PRIVATE PLACEMENT FINANCING

Monumental Minerals Corp. has closed a non-brokered private placement for gross proceeds of $2,207,200, consisting of 12,612,571 units of the company at a price of 17.5 cents per unit. Each unit consists of one common share of the company and one common share purchase warrant of the company. Each whole warrant entitles the holder to acquire one share at a price of 30 cents per share for a period of three years following the closing of the private placement.

In connection with the private placement, the company paid aggregate cash finder's fees of $110,360 and issued 630,628 non-transferable broker warrants to Ocean Wall Ltd. The broker warrants are exercisable for a period of 24 months from issuance at a price of 20 cents per share. All securities issued in connection with the private placement are subject to a statutory hold period of four months and one day from the closing of the private placement.

The company intends to use the proceeds of the private placement to conduct exploration and development work on its mineral exploration properties, as well as for general working capital purposes. The private placement is subject to the final acceptance of the TSX Venture Exchange.

About Monumental Minerals Corp.

Monumental Minerals is a mineral exploration company focused on the acquisition, exploration and development of mineral resource properties in the critical and electric metals sector. The company's flagship asset is the Jemi heavy rare earth element project located in Coahuila, Mexico, near the Texas, United States, border which the company has an option to acquire 100 per cent of the 3,650-hectare project. The company has an option to acquire a 75-per-cent interest and title to the Laguna cesium-lithium brine project located in Chile and a 50.01-per-cent interest in the Salar De Turi lithium project in Chile.

We seek Safe Harbor.