Saturn Minerals Inc.
TSX VENTURE : SMI

Saturn Minerals Inc.

June 23, 2011 10:07 ET

Saturn Minerals Inc. Retains MI3 for Investor Relations

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 23, 2011) -Saturn Minerals Inc. (TSX VENTURE:SMI) ("Saturn", or the "Company") announces that it has retained MI3 Communications Financieres Inc. (MI3) to provide investor relations and corporate communications services for the Company with a specific focus on Saturn's French-language audience. MI3 has been retained for period of one year and will be responsible for the dissemination of English and French language corporate data packages, broker presentations and communications, analyst communications and handling of shareholder enquiries regarding Saturn and it's coal and energy projects in eastern Saskatchewan & western Manitoba (the "Saskatoba Project"). MI3 will receive $5,000 CAD (plus HST) per month in remuneration and be reimbursed for approved expenses. Saturn will grant MI3 stock options to acquire 200,000 shares in the capital stock of the Company at an exercise price of $0.48. The Agreement and grant of stock options is subject to approval by the TSX Venture Exchange.

MI3 is a new age financial communication Company geared for today's fast paced global economy. Based in Montréal, Québec, the services MI3 provides were developed to leverage the trading and market experience of their bilingual team to provide public relations and investor relations to Canadian public companies.

"Saturn has a broad domestic audience composed of English-speaking Canadians, French-speaking Canadians and members of First Nations communities," stated Stan Szary, President & CEO of Saturn. "MI3 will greatly aide us in communicating the development of our core coal and energy projects to our Québecois audience as well as and other parts of eastern Canada."

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 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 & Manitoba to pursue new opportunities and advance current projects in the eastern regions of the Western Canadian Sedimentary Basin.

SATURN MINERALS INC.

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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