Mont Blanc Resources Inc.
TSX VENTURE : MTN

Mont Blanc Resources Inc.

May 25, 2006 09:30 ET

Mont Blanc Announces Closing of Third Non-Brokered Private Placement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 25, 2006) - Mont Blanc Resources Inc. (TSX VENTURE:MTN) is pleased to announce the closing of its previously announced offering (the "Offering") of 240,000 units ("Units") at a price of $0.50 per Unit for gross proceeds of $120,000. Each Unit consists of one common share of Mont Blanc (a "Share") and one common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to purchase one Share at a price of $1.00 per Share for a period of two years. Finder's fees in aggregate amount of $2,000 (1.7% of the related gross proceeds) were paid to eligible persons.

The proceeds of the placement will be used in connection with the Joint Venture farm-in program on the Taber Area project announced on January 4, 2006.

Taber Property Update

The company is also pleased to announce that the drilling rig has arrived on site to commence work on the first of four wells to be drilled over the next fourteen days.

About Mont Blanc

Mont Blanc (www.montblancresources.com) is an oil and gas exploration company focused on participating in low to medium risk oil and gas opportunities.

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Any statements regarding the company's future financial position, revenues, earnings, plans and objectives are forward-looking statements. Mont Blanc will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian Securities regulatory authorities by Mont Blanc (This release is not a solicitation to United States residents to purchase securities in the Company).

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents herein.

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