NORMABEC MINING RESOURCES LTD.
TSX VENTURE : NMB

NORMABEC MINING RESOURCES LTD.

January 25, 2007 19:00 ET

Normabec Mining Announces 3.6 Million Unit Private Placement Financing

ST-BRUNO, QUEBEC,--(CCNMatthews - Jan. 25, 2007) - Robert Ayotte, President of Normabec Mining Resources Ltd. (TSX VENTURE:NMB), is pleased to announce a non-brokered private placement financing of up to 3.6 million units at $0.33 per unit for total proceeds of up to $1,188,000 (the "Offering"). Each unit will consist of one common share and one half of a share purchase warrant. Each full warrant will entitle the holder to purchase one share of Normabec's capital stock for $0.55 for a period of eighteen months from closing. The warrants will be subject to accelerated expiry provisions should the closing price of Normabec's shares on the TSX Venture Exchange be above $0.75 for a period of 10 consecutive trading days following the expiry of the statutory hold period. The Offering is expected to close by mid-February. he proceeds of this financing will be used for general working capital.

Shares issued under the private placement will be subject to a four-month hold period from the date of closing. A finder's fee will be paid in connection with this offering. The Offering is subject to regulatory approval.

Normabec Mining Resources Ltd. is a mining exploration company currently exploring properties in Mexico and Canada. The company holds the mineral rights to several properties in Quebec, including the Pitt Gold property north of Rouyn-Noranda and the Real de Catorce property located in San Luis Potosi State, Mexico.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

Contact Information