Donner Metals Ltd.
TSX VENTURE : DON
FRANKFURT : D4M

Donner Metals Ltd.

January 29, 2010 18:41 ET

Donner Metals Ltd.: Financing Increased

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 29, 2010) - Mr. David Patterson, Chairman of Donner Metals Ltd. (TSX VENTURE:DON)(FRANKFURT:D4M), reports that the further to the Company's News Release dated January 19, 2010, the non-brokered private placement of non-flow through units has been increased from $2,010,000 to $2,424,930. These funds will be raised through the issuance of 8,083,100 non-flow through units ("NFT Unit") at a price of $0.30. Each NFT Unit will consist of one common share and one share purchase warrant exercisable into one common share at a price of $0.45 per share for a period of 12 months.

Fees and commissions will be payable in connection with the private placements. The private placement is subject to the approval of the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF DONNER METALS LTD.

David Patterson, Chairman

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