Fundy Minerals
LSE : FUND

May 26, 2009 02:00 ET

FUNDY REGAINS FULL CONTROL AND OWNERSHIP OF SAND BROOK PROJECT

FOR IMMEDIATE RELEASE                                                                          26  MAY 2009

                                                       
                                              FUNDY MINERALS LTD
                                                  (PLUS:FUND)
                                                       
                        FUNDY REGAINS FULL CONTROL AND OWNERSHIP OF SAND BROOK PROJECT
                                                       
The  Board of Fundy Minerals Ltd ("Fundy" or "the Company"), the Canadian and West African exploration company,
is  pleased   to announce that pursuant to the Option Agreement  signed with Merrex Gold Inc ("Merrex")  on  23
January  2008 whereby Merrex  paid  Fundy CAD134,280 for a fifteen percent stake in Fundy's Sand Brook Project,
the Company has negotiated with Merrex for return of its fifteen percent interest in the Sand Brook Claims in
exchange for a one percent net smelter return (NSR).

Under the terms of the agreement Fundy regains complete ownership and control of the Sand Brook Claims.

The  Sand Brook Gold claims group consists of 43 claims comprising approximately 1,720 acres and is located  on
Crown  land  approximately  70 km southwest of the City of Fredericton in Charlotte County,  south-western  New
Brunswick. It lies proximal to the Clarence Stream Gold deposit owned and under active exploration by Montreal-
based Freewest Resources Ltd.

Chairman and CEO Jeff Michel commented, "We are pleased at the outcome of this transaction as it permits us  to
move  forward  without  hesitation  on this project. Our Chief Geologist, Paul  Lemmon  has  already  mobilized
equipment to the site and is ready to progress."

Scientific or technical information relating to Fundy's activity is based on direct supervision of, or has been
reviewed by, Paul Lemmon, PGeo., Chief Geologist of the Company.
                                                       
                                                       
                   The Directors of the Issuer accept responsibility for this announcement.
                                                       
                                                       
                                                   --ENDS--
For further information please contact:

Fundy Minerals Ltd                                          Tel. +1 416 238 0361 or +44 (0)207 669 4479
Jeff Michel, Chairman & CEO                                 info@fundyminerals.com

Daniel Stewart & Company Plc                                Tel. 020 7776 6550
Stewart Dick

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