Cash Minerals and Dynamite Resources Complete Acquisition of the Mike Lake Property and Kyrgyz Properties

NOT FOR RELEASE IN THE UNITED STATES OR TO U.S. NEWS WIRE SERVICES

Cash Minerals Ltd. ("Cash Minerals")(TSX VENTURE:CHX) is pleased to announce
that it has completed its acquisition from Dynamite Resources Ltd. ("Dynamite")
of a 100% interest in the Mike Lake property located in the Dawson Mining
District of Yukon and has acquired Tau Mining Limited (UK) ("Tau"), which
indirectly holds the Kokomeren, Barskaun, Arabelsu and Moldatau mining licences
located in the Kyrgyz Republic (the "Acqusition").


The Mike Lake property consists of 319 mining claims covering an area of
approximately 68 square kilometres located in the Tintina Gold Belt, Yukon
Territory (the "Mike Lake Property"). The Kokomeren, Barskaun, Arabeslsu and
Moldatu properties (collectively the "Kyrgyz Properties") represent four mineral
licences located in the Kyrgyz Republic.


In consideration thereof, Cash Minerals has issued 22,750,000 common shares of
Cash Minerals (the "Cash Shares") and 11,375,000 common share purchase warrants
of Cash Minerals (the "Cash Warrants") (the Cash Shares and Cash Warrants
collectively referred to as the "Cash Securities") to Dynamite. Each Cash
Warrant entitles the holder thereof to acquire one Cash Share at an exercise
price of $0.10 at any time prior to May 5, 2011. The Cash Securities have been
distributed to Dynamite shareholders as at the close of business on May 5, 2009
as part of the plan of arrangement between Dynamite and Avion Resources Corp.
that was completed on May 6, 2009 (See Dynamite Press Releases dated May 6, 2009
and March 19, 2009.)


About Cash Minerals

Cash Minerals is a Canadian-based energy company focused on uranium and coal
exploration.


Forward-Looking Statement

Cautionary Note Regarding Forward-Looking Information - This press release
contains "forward looking information" within the meaning of applicable Canadian
securities legislation. Forward looking information includes, but is not limited
to, statements with respect to the future financial or operating performance of
the Company and Tau Mining and its projects, the Mike Lake Property, Tau Mining
and its projects, the terms and conditions of the proposed Acquisition,
statements regarding synergies and financial impact of the proposed Acquisition,
exploration prospects, requirements for additional capital and regulatory
approvals. Generally, forward looking information can be identified by the use
of forward-looking terminology such as "plans", "expects" or "does not expect",
"is expected", "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or variations of such
words and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of the Company to be materially different from those
expressed or implied by such forward-looking information, including but not
limited to: general business, economic, competitive, political and social
uncertainties; the actual results of current exploration activities; timing and
availability of external financing on acceptable terms; conclusions of economic
evaluations; competition; future prices of mineral prices; failure of plant,
equipment or processes to operate as anticipated; accidents, labour disputes and
other risks of the mining industry; and, delays in obtaining governmental
approvals or required financing or in the completion of activities. Although the
Company has attempted to identify important factors that could cause actual
results to differ materially from those contained in forward-looking
information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such
information will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward looking information. The
Company does not undertake to update any forward-looking information, except in
accordance with applicable securities laws.

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