Messina Minerals Inc.
TSX VENTURE : MMI

Messina Minerals Inc.

March 16, 2007 14:51 ET

Messina Minerals ("MMI") Appoints Investor Relations Firms

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 16, 2007) - Messina Minerals Inc. (the "Company") (TSX VENTURE:MMI) is pleased to announce that it has retained the services of two investor relations firms to increase investor awareness in both Canada and the United States.

New York based O&M Partners LLC has been engaged on a one month trial basis to initiate contacts and meetings with institutional investors, independent money managers and market makers. The term of the engagement began on March 13, 2007 for a one month fee of US $8,500, as well as reimbursement of expenses incurred by O&M. O&M Partners LLC is a buyside consulting firm that specializes in small-cap institutional targeting for public companies in the commodities sector.

Messina has also retained The Richmond Club, a Toronto media company that showcases high growth companies to its membership through its website and at investor luncheon meetings. These presentations generate exposure to fund managers, stock brokers and analysts. The Company will pay The Richmond Club a monthly fee of $1,450 for a period of 12 months and will grant 29,000 incentive stock options at an exercise price of $1.54, exercisable for a period of three years from the date of this release, subject to regulatory approval. The options will vest 25% upon granting and 25% every four months during this one year period.

Messina Minerals Inc. is drilling zinc-lead-copper-silver-gold enriched massive sulphides within the Company's Tulks South Property located in central Newfoundland, Canada. The Tulks South Property represents a portion of the 327 square kilometer area of Messina's central Newfoundland mineral land holdings. The region is historically known as prospective for zinc-rich deposits and home to the formerly producing world-class base metal deposits at Buchans and currently home to a producing zinc-copper mine at Duck Pond.

On behalf of the Board of Messina Minerals Inc.

Peter Tallman, President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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