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MAN

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Share Name Share Symbol Market Type
TSXV:MAN TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Mantra Mining Inc. Appoints Rick Van Nieuwenhuyse to the Board of Directors

05/05/2008 2:01pm

Marketwired Canada


Mantra Mining Inc. (the "Company") (TSX VENTURE:MAN) is pleased to announce the
appointment of Rick Van Nieuwenhuyse to the Board of Directors of Mantra Mining
Inc., effective immediately.


Raj Chowdhry, Mantra Mining President, comments: "We are very pleased to welcome
Mr. Van Nieuwenhuyse to our Board. Mr. Van Nieuwenhuyse not only has the
ability, expertise and experience in geology and mining but also the business
ability to identify, develop and capitalize on sound business opportunities, at
the right time, with a long term view. The Board views Rick Van Nieuwenhuyse as
an instrumental and valuable addition to the Company and as an important
component in assisting, guiding and building the Company's future in the mining
business."


Mr. Van Nieuwenhuyse, President and Chief Executive Officer of NovaGold
Resources Inc. has since assuming management of NovaGold in 1998, assembled a
portfolio of world-class properties and a team of top industry professionals who
have turned NovaGold into one of North America's fastest growing mining
companies, poised to become a mid-tier gold, silver and copper producer.


Rick's vision and ability to follow through can be attributed to his 30 years of
worldwide experience in the natural resource sector, including time as Vice
President of Exploration at Placer Dome. He brings years of working experience
and knowledge of Alaska, Western Canada, Africa and Asia, and has managed
projects from grassroots discovery through to advanced Feasibility Studies and
production. Rick holds a Candidature degree in Science from the Universite de
Louvain in Belgium, and an M.Sc. in Geology from the University of Arizona.


Further, the Company wishes to announce that it has granted 200,000 stock
options to Mr. Van Nieuwenhuyse under the Company's 2007 Stock Option Plan that
was approved at the Company's February 27, 2008 annual general meeting. The
options will be exercisable for a period of two years at a price of $1.00 per
share.


ON BEHALF OF THE BOARD OF DIRECTORS

Raj Chowdhry, C.A., President & CEO

Cautionary Notice: This release may contain forward-looking statements regarding
the Company's business or financial condition. Actual results could differ
materially from those described in this news release as a result of factors,
including, but not limited to the following: additional drilling, sampling and
resource valuations, engineering and construction timetables, financial
arrangements, developments in world resource markets, political developments in
Canada, the timing of regulatory and environmental approval and other factors.
With respect to additional exploration, actual events may differ from current
expectations of the Company or its joint-venture partners and other factors. The
Company cautions that these and similar statements involve risk and
uncertainties and are qualified by important factors, including competitive
pressures, unfavorable changes in regulatory structures, and general risks
associated with business, which could cause actual results to differ materially
from those in the forward looking statement. Forward-looking statements are made
in the context of information available as of the date stated. The Company
undertakes no obligations to update or revise such statements to reflect new
circumstances or unanticipated events as they occur.


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