Mazorro Resources Inc.
TSX VENTURE : MZO

Mazorro Resources Inc.

April 25, 2008 08:30 ET

Mazorro Resources Begins Trading Today Under the Symbol "MZO" on the TSX-V

OTTAWA, ONTARIO--(Marketwire - April 25, 2008) - Mazorro Resources Inc. (TSX VENTURE:MZO), a mineral exploration company with the option to acquire a 60% interest in the Cimarron gold property located 40 km east of Mazatlan in Sinaloa, Mexico, announces its shares will begin trading today on the TSX Venture Exchange under the symbol "MZO".

The Company's Initial Public Offering ("IPO") Prospectus dated February 28, 2008, has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta, Saskatchewan, Manitoba and Ontario Securities Commissions on February 29, 2008, pursuant to the provisions of the respective Securities Acts.

The gross proceeds received by the Company for the Offering were $1,500,000, consisting of 5,000,000 units at $0.30 per unit. Each unit is comprised of one common share and one-half of one common share purchase warrant, with each whole warrant entitling the holder to purchase one common share at a price of $0.40 per share for a period of 18 months from closing of the Offering. The Company is classified as a 'Mineral Exploration' company.



-------------------------------------------------------------------------
Commencement date: At the opening on April 25, 2008, the common
shares will commence trading on the TSX
Venture Exchange
-------------------------------------------------------------------------
Corporate jurisdiction: Canada
-------------------------------------------------------------------------
Capitalization: Unlimited common shares with no par value of
which 12,118,332 common shares are issued and
outstanding
-------------------------------------------------------------------------
Escrowed Shares: 4,300,000 common shares
-------------------------------------------------------------------------
Transfer agent: Computershare Investor Services Inc. (Montreal
& Toronto)
-------------------------------------------------------------------------
Trading symbol: MZO
-------------------------------------------------------------------------
CUSIP number: 578869 10 9
-------------------------------------------------------------------------
Agent: Haywood Securities Inc.
-------------------------------------------------------------------------
Agent's Fee: A cash commission equal to 7% of the total
gross proceeds raised
-------------------------------------------------------------------------
Agent's Warrants: 500,000 non-transferable purchase warrants.
One warrant to purchase one unit at $0.30 per
unit for a period of 18 months (each unit
having the same terms as the units sold
pursuant to the Offering).
-------------------------------------------------------------------------


Mazorro Resources is a tightly held junior mining exploration company targeting gold, copper and silver deposits in the western Mexican state of Sinaloa, around the port city of Mazatlan. Mazorro is focussing on a region offering social and political stability in a country offering a favourable investment climate to foreign investors.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

Contact Information