Apoquindo Minerals Inc.

Apoquindo Minerals Inc.

June 26, 2009 21:36 ET

Apoquindo Minerals Inc. Completes Non-Brokered Private Placement and Grants Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 26, 2009) - Apoquindo Minerals Inc. ("Apoquindo" or the "Company") (TSX VENTURE:AQM)(BVLAC:AQM) is pleased to announce that it has completed the non-brokered private placement originally announced on June 1, 2009 and June 10, 2009. The Company sold 10,743,145 units at a price of $0.65 per unit for gross proceeds of $6,983,044. Each unit consists of one common share and one-half of one share purchase warrant, with each whole warrant entitling the holder to purchase one additional common share for two years at a price of $0.90 during the first year and at a price of $1.10 during the second year. The securities issued under the private placement are subject to a four month hold period expiring on October 27, 2009. A finder's fee ranges from 6% to 7% was paid on a portion of the placement in accordance with the policies of the TSX Venture Exchange. The private placement and payment of the finder's fee are subject to TSX Venture Exchange final acceptance. The proceeds of the private placement will be used to fund exploration programs on the Company's mineral properties and for general working capital purposes.

The Company also has issued stock options to its directors, officers and consultants for a total of 1,251,265 options to acquire common shares of the Company for a period of five years, exercisable at $0.65, and subject to certain vesting provisions and the terms of the Company's Stock Option Plan.

ABOUT APOQUINDO: The Company is a Canadian based mineral exploration company whose principal purpose is the acquisition and development of base and precious metal deposits in South America. The Company has two projects in Peru through its wholly owned Peruvian subsidiary, Minera Koritambo SAC: the Zafranal Copper-Gold Porphyry Project (recently optioned from Teck Resources Limited), located in the Paleocene Southern Peru Cu-Porphyry Belt, in the department of Arequipa, Peru and the Pachagon Porphyry Copper Project, located in the department of La Libertad, Peru. In Chile, the Company has a joint venture, Antakena Mining, with Minera S.A. to advance the Apoquindo Copper Oxide Project comprised of highly prospective leachable copper deposits under option located in a historic mining district in the Antofagasta Region's Coastal Range. Please refer to www.apoquindominerals.com for further information regarding the Company and its projects.

Management and directors have extensive experience working for the world's largest mining companies as well as several junior exploration companies. Apoquindo Minerals has offices in Santiago, Chile, Lima, Peru and Vancouver, Canada and will continue to expand its business using its effective team of experts in Exploration, Geology, Metallurgy, Mine Engineering, Law and Finance. Apoquindo is well positioned for success. Our Projects are uniquely valuable, and our knowledgeable management and directors provide a "pipeline" of growth opportunities.

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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