Hinterland Metals Inc.

Hinterland Metals Inc.

December 22, 2009 10:53 ET

Hinterland Closes Private Placement for $264,000

VAL-D'OR, QUEBEC--(Marketwire - Dec. 22, 2009) - Hinterland Metals Inc. (TSX VENTURE:HMI) has closed a non-brokered private placement for gross proceeds of $264,000 through the issue of 3,300,000 flow-through shares at a purchase price of $0.08 per flow-through share. The securities sold under the private placement were issued pursuant to exemptions from the prospectus and registration requirements of applicable securities laws, subject to the receipt of necessary regulatory approvals, and to a four month hold period ending April 22, 2010. The proceeds from the private placement will be used by Hinterland to advance its exploration projects within Quebec.

Investors are invited to visit the Hinterland IR Hub at www.agoracom.com/IR/Hinterland where they can post questions and receive answers or review messages already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to HMI@agoracom.com where they can also request to be added to the investor e-mail list in order to receive all future press releases and updates in real time.

This release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results to vary materially from targeted results. Such risks and uncertainties include those described in the Company's periodic reports including the annual report or in the filings made by the Company from time to time with securities regulators. The Company undertakes no obligation to publicly release the result of any revision of these forward-looking statements to reflect events or circumstances after the date they are made or to reflect the occurrence of an unanticipated event.

Shares Issued 64,959,233

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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