Saturn Minerals Inc.
TSX VENTURE : SMI

Saturn Minerals Inc.

May 02, 2011 13:24 ET

Saturn Appoints Silvia Quandt & Cie. AG as Designated Sponsor for XETRA

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 2, 2011) -Saturn Minerals Inc. (TSX VENTURE:SMI) ("Saturn" or the "Company") is pleased to announce that the Company's shares have been accepted for continuous trading on the German electronic trading platform Xetra® under the ticker symbol "SMK". The International Security Identification Number (ISIN) is "CA80410K1012" and Wertpapierkennnummer (WKN) is "A0Q2CP".

The electronic trading system Xetra® is utilized to trade approximately 300,000 international instruments. As one of the fastest trading systems in the world with round-trip-time at only two milliseconds, Xetra® has a market share of over 90% of equity trading in Germany.

Saturn has appointed Silvia Quandt & Cie. AG ("Silvia Quandt") to support biw Bank fur Investments und Wertpapiere AG which facilitated the Xetra® listing as its designated sponsor on Xetra®.

"The Xetra® listing is an important step in Saturn's corporate growth with respect to the Company's audience and presence in international financial markets. We are pleased and proud to have the best Xetra® specialist team in Germany sponsor Saturn in its entry into the Frankfurt financial network," stated Stan Szary, President of Saturn.

"The basis of our success is an outstanding knowledge of equity markets, a reputable track record, a wide network with access to private and public equity, and a strong acumen in the placement of securities. We will ensure an improved attractiveness of Saturn shares. This objective will be achieved through active trading, direct investor approach and specific marketing, which we'll promote in cooperation with our sales team. A generally visible valuation discount due to limited liquidity will be reduced and therefore should generate an increased interest of institutional investors in Saturn," commented Mr. Sascha Guenon, Head of Designated Sponsoring at Silvia Quandt.

About Silvia Quandt & Cie. AG

Being a member of the Angermayer, Brumm & Lange Group and the Silvia Quandt Family, owner-managed Silvia Quandt & Cie. AG offers comprehensive Investment Banking services. The services encompass Institutional Brokerage, Corporate Finance and Debt Advisory. Investment Research is produced by the subsidiary Silvia Quandt Research GmbH and Designated Sponsoring mandates are carried out by the cooperation partner biw Bank fur Investments und Wertpapiere AG for customers of Silvia Quandt & Cie. AG. Silvia Quandt & Cie. AG covers its corporate clients and institutional investors from the European financial centres of Frankfurt, Munich, London and Zurich by its subsidiaries. Silvia Quandt & Cie. AG acts as tied agent (sec. 2 para. 10 KWG) in the name and for the account of biw Bank für Investments und Wertpapiere AG if services are offered regarding Investment Brokerage, Contract Brokerage and Stock Placement (sec. 1 para. 1a sentence 2 no. 1,1c, 2 KWG). In the U.K., Silvia Quandt & Cie. Ltd. is authorized and regulated by the Fincancial Services Authory (FSA).

To learn more about Silvia Quandt & Cie. AG, please visit www.silviaquandt.de.

About Saturn Minerals Inc.

Saturn Minerals Inc. (TSX VENTURE:SMI) is a junior Canadian energy & resources company advancing a portfolio of energy and resource assets in Saskatchewan and Manitoba. The Company owns over 1,240 sq. km of coal rights and 1,524 km of oil & gas rights in eastern Saskatchewan and western Manitoba. Saturn has made two bituminous coal discoveries at its Saskatoba Project since 2009, including one of the thickest coal intercepts encountered in Canada at 88 meters. Saturn continues to build strategic relationships throughout Saskatchewan to pursue new opportunities and advance current projects in the eastern regions of the Western Canadian Sedimentary Basin.

SATURN MINERALS INC.

s/ "Stan Szary"
President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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