Tribute Minerals Inc.

Tribute Minerals Inc.

April 16, 2007 11:24 ET

Tribute Amend Offering

TORONTO, ONTARIO--(CCNMatthews - April 16, 2007) - Tribute Minerals Inc. (TSX VENTURE:TBM) ("Tribute" or the "Company") wishes to announce that further to its press release dated March 29, 2007 it has amended the terms of its offering to offer up to 2,857,142 286 units ("Units") at a price of CDN$0.35 per Unit for gross proceeds of up to CDN$1,000,000 and 8,888,888 Flow Through Units ("FT Units") at a price of CDN$0.45 per FT Unit for gross proceeds of up to CDN$4,000,000. The terms of the Units and the FT Units and the compensation being paid to D&D Securities Company remain unchanged.

The proceeds from the offering will be used for exploration on Tribute's properties and for working capital. The financing is anticipated to close on or about April 17th, 2007.

This transaction is subject to approval from the TSX Venture Exchange.

The Company currently has 59,994,110 common shares issued and outstanding.

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

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