Morumbi Resources Closes Private Placement

Morumbi Resources Inc. (TSX VENTURE:MOC) ("Morumbi" or the "Company") is pleased
to announce that it has closed a non-brokered private placement offering (the
"Offering") for aggregate gross proceeds of $400,000. The Company issued
1,000,000 units (each a "Unit"), at a price of $0.40 per Unit. Each Unit
consists of one common share of the Company ("Common Share") and one common
share purchase warrant (each a "Warrant"). Each Warrant entitles the holder
thereof to acquire one Common Share of the Company at a price of $0.45 until
September 10, 2014, subject to earlier exercise in accordance with the terms
thereof. 


In connection with the Offering, the Company paid an aggregate amount of $14,520
in cash fees and also issued an aggregate of 36,300 finders warrants (the
"Finders Warrants") to certain eligible arm's length persons. Each Finders
Warrant entitles the holder thereof to acquire one Unit of the Company at a
price of $0.40 per Unit until September 10, 2014.


All securities issued pursuant to the Offering, including the Common Shares and
Warrants underlying the Units, the Common Shares underlying the Warrants, the
Finders Warrants and the Common Shares and Warrants underlying the Finders
Warrants are subject to a four (4) month and one (1) day statutory hold
commencing from closing. The Offering is subject to TSX Venture Exchange
acceptance of requisite regulatory filings. The proceeds raised from the
Offering will be used for general working capital.


About Morumbi

Morumbi Resources Inc. is a public company with a light oil property in
northwest Alberta as well as early stage mineral exploration licences in PNG.
Morumbi is also currently evaluating resource opportunities in Bougainville, PNG
by forming strategic relationships with local Landowner companies with the view
to securing mineral exploration licences on their traditional lands. The Company
trades on the TSX Venture Exchange under the symbol "MOC". For more information
about Morumbi and its plans visit our website at www.morumbi.ca.