Messina Minerals Inc. Closes Private Placement

Messina Minerals Inc. (TSX VENTURE:MMI) - 

This news release, required by applicable Canadian laws, is not for distribution
to U.S. news services or for dissemination in the United States and does not
constitute an offer of the securities described herein. The securities proposed
to be offered in the private placement have not been registered under the U.S.
Securities Act of 1933, as amended, or any State securities laws, and may not be
offered or sold in the United States or to U.S. Persons absent registration or
an applicable exemption from the registration requirements.


Messina Minerals Inc. (the "Company") is pleased to announce that it has closed
its recently announced non-brokered equity private placement (see News Release
June 13, 2011) by the issuance of 8,800,000 units at a price of $0.10 per unit
for gross proceeds to the Company of $880,000. Each unit consists of one common
share and one-half non-transferable common share purchase warrant of the
Company. Each whole warrant, expiring on January 11, 2013, entitles the holder
to purchase one common share of the Company at a price of $0.15. Proceeds
received from the private placement are intended to be used to continue
exploration work on the Company's properties in central Newfoundland and for
general corporate purposes.


Finder's fees were paid to an arms-length party to the Company by way of the
issuance of 547,500 finder's units and 547,500 finder's warrants. The finder's
units and finder's warrants are the same as the private placement units. 


All securities issued pursuant to this private placement are subject to a four
month hold period that expires on November 12, 2011.


Peter Tallman, President and CEO, stated: "With completion of this financing,
Messina can begin a sustained exploration program on its central Newfoundland
properties targeting copper and zinc mineralization at a time of increasing
demand for the metals and forecast mine production shortfalls."


ON BEHALF OF THE BOARD OF DIRECTORS OF MESSINA MINERALS INC.

Steve Brunelle, Director