Mr. Agustin Dranovsky reports

MINSUD ANNOUNCES PRIVATE PLACEMENT OF UNITS

Minsud Resources Corp. intends to complete, subject to the acceptance of the TSX Venture Exchange, a non-brokered private placement of up to 1,515,152 units of the company at a price of 33 cents per unit, for gross proceeds of up to approximately $500,000.

Each unit will consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one additional common share at an exercise price of 43.5 cents for a period of five years from the date of issuance.

The net proceeds from the private placement will be used to finance continued exploration activities at the Chita Valley project and for general working capital and corporate purposes. No commission or finder's fee will be paid in connection with the private placement. The securities issued pursuant to the private placement will be subject to a hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws and the policies of the TSX Venture Exchange.

A portion of the units issued under the private placement may be subscribed for by insiders of the company. Any such subscription will constitute a related party transaction within the meaning of TSX-V Policy 5.9, which incorporates Multilateral Instrument 61-101. The company intends to rely on the exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(b) and 5.7(a) of MI 61-101 in respect of any such insider participation.

About Minsud Resources Corp.

Minsud is a mineral exploration company focused on exploring its flagship Chita Valley Cu-Mo-Au-Ag-Pb-Zn (copper-molybdenum-gold-silver-lead-zinc) project in the province of San Juan, Argentina. The company's shares are listed on the TSX-V under the trading symbol MSR and on the OTCQX under the symbol MDSQF.

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