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 gross proceeds of $252,000. The Company issued 1,260,000 units
(each a "Unit"), at a price of $0.20 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 $0.25 until May 17, 2015.


In connection with the Offering, the Company paid $9,600 in cash fees and also
issued 48,000 finder warrants (the "Finder Warrants") to one eligible arm's
length person. Each Finder Warrant entitles the holder thereof to acquire one
Unit of the Company at a price of $0.20 per Unit until May 17, 2015.


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 is a public company with early stage mineral exploration licences in
PNG. Morumbi is also currently evaluating resource opportunities on the
Autonomous Island of 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 current moratorium is lifted and
licences may be 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.
Chris Buncic
President & CEO
416-366-4200
[e-mail]
www.morumbi.ca