Monster Copper Corporation
TSX VENTURE : MNS

Monster Copper Corporation

December 18, 2006 12:11 ET

Monster Copper Corporation: Private Placement

RICHMOND HILL, ONTARIO--(CCNMatthews - Dec. 18, 2006) -

NOT FOR DISSEMINATION IN THE UNITES STATES OR TO US NEWS WIRE SERVICES

Monster Copper Corp. (TSX VENTURE:MNS) (the "Company") wishes to announce that it has arranged a non-brokered flow through private placement of up to 1,847,000 units at a price of 65 cents per unit for total gross proceeds of up to $1,200,550. Each unit will comprise one flow-through common share and one-half of one transferable non-flow through share purchase warrant, with each whole such warrant exercisable into one non-flow through common share at a price of 95 cents per share for a period of eighteen months from the closing date. Proceeds of the placement will be used for Canadian Exploration Expenses and renounced for the 2006 taxation year.

Finder's fees and finder's warrants may be paid on all or a portion of this private placement. Finder's fees will be equal to 7 per cent of the dollar amount attributed to a finder and will be paid, at the election of the finder, in cash or non flow through units at a deemed price of 65 cents per unit, with each such unit comprised of one non-flow through common share and one half of one share purchase warrant with each such warrant exercisable into one non-flow through common share at a price of 95 cents for a period of eighteen months from the closing date. Finder's warrants will be equal in number to 8 per cent of the number of units attributed to a finder, and will allow the holder to acquire one common share of the Company at an exercise price of 70 cents for a period of eighteen months from the closing date.

The private placement is subject to TSX Venture Exchange acceptance for filing and required regulatory approvals.

MONSTER COPPER CORPORATION

Michael J. Downes, President, C.E.O. and Director

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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

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