NORMABEC MINING RESOURCES LTD.
TSX VENTURE : NMB
FRANKFURT : N6M

NORMABEC MINING RESOURCES LTD.

June 16, 2008 08:54 ET

Normabec Closes $ 1,39 M Non-Brokered Private Placement

ST-BRUNO, QUEBEC--(Marketwire - June 16, 2008) - Normabec Mining Resources Ltd. (TSX VENTURE:NMB) (FRANKFURT:N6M) ("Normabec" or "the Company"), has closed a non-brokered private placement of 3,973,144 units of the company at a price of $0.35 per unit for gross proceeds of $ 1,390,600.

Each unit consists of one common share of the company and one-half of one common share purchase warrant. Each whole common share purchase warrant will entitle the holder to purchase one common share at an exercise price of $0.55 per share, for a period of 18 months following the date of closing of the private placement.

In accordance with securities legislation, the common shares and warrants forming the units, as well as any common shares issued upon exercise of the warrants prior to October 14, 2008, are subject to a four month hold period from the closing date.

The proceeds of the placement will be used to advance the Real de Catorce Silver Project and for general working capital purposes. The company paid a total of $53,780 in cash to certain registrants as a finder's fee related to the private placement.

Normabec is a junior mining exploration company with a portfolio of advanced projects including: the Pitt Gold project in Quebec and Real de Catorce Silver project in Mexico.

The TSX Venture Exchange has neither approved nor disapproved the contents of this press release.

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