Mr. Mario Pezzente reports

GERMANIUM MINING ANNOUNCES FLOW-THROUGH OFFERING

Germanium Mining Corp. has arranged a non-brokered private placement consisting of the issuance of up to 2,916,666 flow-through units at a price of 24 cents per FT unit for gross proceeds of up to $700,000.

Each FT unit will consist of one common share of the company to be issued as a flow-through share (as defined in Subsection 66(15) of the Income Tax Act (Canada)), and one-half of one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one non-flow-through common share at a price of 30 cents per warrant share for a period of three years from the closing of the offering.

The aggregate gross proceeds from the offering are intended to be used to complete mapping and sampling this summer at the company's flagship project known as Lac du Km 35 before the company's anticipated maiden drilling program at the project this fall.

All securities issued in connection with the offering will be subject to a statutory hold period expiring four months and one day after the closing date. Finders' fees may be paid to eligible finders in connection with the offering.

About Germanium Mining Corp.

Germanium Mining is a publicly traded exploration company focused on the development of highly prospective, discovery-stage mineral properties located in some of Canada's top mining jurisdictions.

We seek Safe Harbor.