Morumbi Resources Closes Private Placement

Morumbi Resources Inc. (TSX VENTURE:MOC) ("Morumbi" or the "Company") is pleased
to announce that it has closed a second tranche of a non-brokered private
placement offering (the "Offering") for gross proceeds of $150,000. The Company
issued 428,571 units (each a "Unit"), at a price of $0.35 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
December 14, 2014, subject to earlier exercise in accordance with the terms
thereof. 


In connection with the Offering, the Company paid $12,000 in cash fees and also
issued 34,285 finder warrants (the "Finder Warrants") to two eligible arm's
length persons. Each Finder Warrant entitles the holder thereof to acquire one
Unit of the Company at a price of $0.35 per Unit until December 14, 2014.


All securities issued pursuant to the Offering, including the Common Shares and
Warrants underlying the Units, the Common Shares underlying the Warrants, the
Finder Warrants and the Common Shares and Warrants underlying the Finder
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 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, if and when the moratorium is lifted and licences are
granted. It also has a legacy light oil property in northwest Alberta. The
Company trades on the TSX Venture Exchange under the symbol "MOC". For more
information about Morumbi and the Company's plans visit our website at
www.morumbi.ca.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Morumbi Resources Inc.
Lindsay Semple
Chief Executive Officer
416-364-2266
[e-mail]


Morumbi Resources Inc.
Keith Porter
Corporate Development
416-364-2266
[e-mail]
www.morumbi.ca