Monster Mining Corp. Completes its Initial Public Offering and Lists on the TSX Venture Exchange

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 18, 2011) -

THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES.

Monster Mining Corp. (the "Company") is pleased to announce that it has completed its initial public offering ("IPO") of 5,000,000 Units at a price of $0.40 per Unit, for aggregate gross proceeds of $2,000,000. Each Unit consists of one common share and one-half of one common share purchase warrant. Each whole warrant is exercisable at $0.65 per share for a period of 12 months expiring May 18, 2012 provided that should the Company's shares trade at or above $0.75 per share for a period of 20 consecutive trading days the Company may then accelerate the expiry date of the Warrants to not less than 60 days following notice being given of such acceleration.

The TSX Venture Exchange (the "TSXV") has accepted the Company's listing application, and the Company's common shares will commence trading on the TSXV at the opening on May 19, 2011 (the "Listing Date") under the trading symbol "MAN".

Macquarie Private Wealth Inc. (the "Agent") assisted the Company in selling the IPO. As consideration, the Agent received: (i) a cash commission of $160,000, being 8% of the gross proceeds of the IPO; (ii) a corporate finance fee of $25,000 (plus HST); and (iii) options to acquire an aggregate of 500,000 shares, exercisable at $0.65 per share for a period of 12 months expiring May 19, 2012; and (iv) their expenses as incurred.

The Company presently has 28,875,847 common shares issued and outstanding of which 11,616,881 common shares are subject to escrow restrictions, to be released as to 10% on the Listing Date and 15% every six months thereafter.

Complete details of the offering and the Company's business are as set out in the Company's IPO Prospectus dated April 26, 2011 and filed on SEDAR.

The Company's board of directors consists of Robert Eadie (CEO, President), Bill Harris, Tara Christie and Andrew de Verteuil. Gary Arca acts as CFO and Corporate Secretary.

The Company announces that it has granted an aggregate of 2,887,000 incentive stock options to directors, key employees and consultants, which will become effective on the Listing Date, exercisable at $0.40 per share for a period of five years.

ON BEHALF OF THE BOARD
Signed "Robert Eadie"
Robert Eadie,
President, Chief Executive Officer and Director

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO SELL ANY OF THE SECURITIES DESCRIBED HEREIN IN THE UNITED STATES. THESE SECURITIES HAVE NOT BEEN, AND WILL NOT BE, REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.