Saturn Minerals Inc. Announces Brokered Private Placement

Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) ("Saturn" or the
"Company") is pleased to announce that it has entered into an agreement with
Hampton Securities Limited (the "Agent") to act as agent on a best efforts basis
in connection with a brokered private placement of up to $3,750,000 in gross
proceeds (the "Offering"). The Offering will consist of up to 25,000,000 non
flow-through and flow-through shares and will be priced within the context of
the market.


Proceeds from the Offering shall be used to advance Saturn's properties in
Saskatchewan and Manitoba and for working capital.


The Offering is scheduled to close on or before January 31, 2013, and is subject
to certain conditions, including approval of the TSX Venture Exchange.


About Hampton Securities Limited

Hampton Securities Limited is a boutique investment firm that focuses on
international institutional trading, private wealth management and investment
banking in the global energy space.


About Saturn Minerals Inc.

Saturn Minerals Inc. (TSX VENTURE:SMI)(FRANKFURT:SMK) is a junior Canadian
energy company advancing a portfolio of oil and coal properties in Saskatchewan
and Manitoba. The Company owns 370,000 acres of exclusive oil & gas rights in
Saskatchewan and is advancing a number of oil exploration projects. Saturn has
also made three shallow bituminous coal discoveries since 2009 with coal seams
ranging in continuous vertical thickness from 9 to 89 meters. Saturn has a
strategic ownership in Inowending Exploration & Development Corp., a First
Nations owned exploration and development company co-founded by Saturn with a
consortium of Saskatchewan First Nations active in Canada's prairie provinces.


On Behalf of the Board of Directors

SATURN MINERALS INC. 

Stan Szary, Chief Executive Officer

FOR FURTHER INFORMATION PLEASE CONTACT: 
Saturn Minerals Inc.
Stan Szary
Chief Executive Officer
[phone]
www.saturnminerals.com