Manicouagan Announces the Appointment of Brian Carter as Interim Chief Executive Officer

Manicouagan Minerals Inc. (TSX VENTURE:MAM) announced today that Brian Carter, a
director of the Company has accepted the position of Interim CEO effective
today, replacing Joseph Baylis. Mr. Carter is currently with Fiera Sceptre Inc.,
where he serves in the position of Vice President, Private Wealth for 40% of his
working time. 


Doug Davis, Chairman of Manicouagan said, "Joseph has served Manicouagan for
over 5 years as CEO and we wish him the best of success. He will continue to
serve as a consultant as required, in the ensuing period, to assist in the
transition to Brian as interim CEO and ultimately to a permanent CEO. Brian's
main priority will be to find a successor CEO. We would encourage interested
parties to contact us directly at the contacts provided below."


Brian Carter holds a BASc degree in Mining Engineering from the University of
Toronto, as well as being a Chartered Accountant and a Chartered Financial
Analyst. During his 45 year career in the financial industry, Mr. Carter has
held a number of positions relating to the mining industry including analysis,
investment management, and corporate finance services. Brian is also a director
of Sparton Resources Inc. 


Brian Carter, Interim CEO, stated, "Our first order of business is to continue
to advance the exploration programs on our most promising properties."


About Manicouagan

Manicouagan Minerals Inc. is a Canadian based exploration company focused on
advancing its gold projects in the Pickle Lake Gold Belt, Ontario. Manicouagan
also has a pipeline of commodity projects including the Brabant Lake Zinc
deposit in Saskatchewan, together with the Mouchalagane Nickel/Copper/PGE
project and the HPM/Forgues Nickel/Copper/Cobalt project, both in Quebec.
Additional information about the company can be found at
www.manicouaganminerals.com.


Une traduction francaise de ce communique de presse est disponible a
www.manicouaganminerals.com. 


Forward Looking Statements

All statements other than statements of historical fact, included in this
release, including, without limitation, statements regarding potential
mineralization and reserves, exploration results, and future plans and
objectives of the Company, are forward-looking statements that involve various
risks and uncertainties. There can be no assurance that such statements will
prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements. Important factors that
could cause actual results to differ materially from the Company's expectations
are exploration risks detailed herein and from time to time in the filings made
by the Company with securities regulators.