Marauder Resources East Coast Inc. Closes Previously Announced Brokered Private Placement

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A
VIOLATION OF U.S. SECURITIES LAWS


Marauder Resources East Coast Inc. (the "Company") (TSX VENTURE:MES) is pleased
to announce it has successfully closed a previously announced brokered private
placement financing led by M Partners Inc. of units ("Units") of the Company at
a price of $0.065 per Unit (the "Offering"). Each Unit consists of one common
share ("Common Share") in the capital of the Company and one-half of one Common
Share purchase warrant ("Warrant"). Each whole Warrant entitles the holder to
acquire one Common Share at an exercise price of $0.13 for a period of 24 months
from the date of the closing of the Offering. 


At closing, the Company issued 15,385,224 Common Shares and 7,692,611 Warrants
for aggregate gross proceeds of $1,000,039.56. The Common Shares and Warrants
issued pursuant to the Offering are subject to a four-month hold period from the
date of issuance.


The net proceeds from the Offering will be used for initial development of the
Company's assets in the East Coast Basin, New Zealand, and for general working
capital purposes.


This press release may contain forward-looking statements within the meaning of
applicable securities laws. Forward-looking statements may include estimates,
plans, anticipations, expectations, opinions, forecasts, projections, guidance
or other similar statements that are not statements of fact. Although the
Company believes that the expectations reflected in such forward-looking
statements are reasonable, it can give no assurance that such expectations will
prove to be correct. These statements are subject to certain risks and
uncertainties and may be based on assumptions that could cause actual results to
differ materially from those anticipated or implied in the forward-looking
statements. These risks include, but are not limited to: the risks associated
with the oil and gas industry (e.g. operational risks in development,
exploration and production; delays or changes in plans with respect to
exploration or development projects or capital expenditures; the uncertainty of
reserve estimates; the uncertainty of estimates and projections relating to
production, costs and expenses and health, safety and environmental risks),
commodity price and exchange rate fluctuation and uncertainties resulting from
potential delays or changes in plans with respect to exploration or development
projects or capital expenditures. The Company's forward-looking statements are
expressly qualified in their entirety by this cautionary statement. The
forward-looking statements contained in this press release are made as of the
date hereof and the Company undertakes no obligations to update publicly or
revise any forward-looking statements or information, whether as a result of new
information, future events or otherwise, unless so required by applicable
securities laws.


This news release does not constitute an offer to sell or a solicitation of an
offer to buy any of the securities in the United States. The securities have not
been and will not be registered under the United States Securities Act of 1933,
as amended (the "1933 Act"), or any state securities laws and may not be offered
or sold within the United States or to, or for the account or benefit of U.S.
persons (as defined in Regulation S under the 1933 Act) absent such registration
or an applicable exemption from such registration requirements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Marauder Resources East Coast Inc.
Robert V. Shields
[phone]


Marauder Resources East Coast Inc.
720, 440 - 2nd Avenue, S.W.
Calgary, Alberta T2P 5E9
[e-mail]