Full Metal Announces Non-Brokered Private Placement and Appoints Investor Relations Manager

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES.

Full Metal Minerals Ltd. (TSX VENTURE:FMM) (the "Company" or "Full Metal") is
pleased to announce that it intends to complete a non-brokered financing,
subject to regulatory approval, of up to 10,000,000 common shares at a price of
$0.155 per share. 


The Company intends to use the net proceeds from the financing for exploration
expenses on the Company's projects and for general working capital.


The Company is also pleased to announce that is has appointed Josh Serfass to
the position of Investor Relations Manager. Mr. Serfass will work on a permanent
full-time basis out of the Company's Vancouver office to provide investor and
broker liaison and to increase awareness of Full Metal within the investment
community. Mr. Serfass will receive a salary of $70,000 per year. 


Mr. Serfass previously worked as a relationship manager with Citibank in New
York City. He was a part of the bank's 'Citi at Work' team responsible for
managing the bank's marketing program.


Full Metal is a generative exploration company with four existing joint ventures
and multiple precious and base metal projects in Alaska.


ON BEHALF OF THE BOARD OF DIRECTORS

Michael Williams, President and Director 

Caution Regarding Forward-Looking Information 

This news release includes certain forward-looking information or
forward-looking statements (collectively, "forward-looking statements") within
the meaning of applicable securities laws, including intentions respecting the
completion of a financing and the use of proceeds thereof. Forward-looking
statements are subject to a number of risks, including without limitation the
ability to complete the financing on timing and terms satisfactory to the
Company and obtain necessary regulatory approvals. In making the forward-looking
statements included in this news release, the Company has applied several
material assumptions, including, but not limited to, the assumption that: (1)
proposed exploration and development of mineral projects will be viable
operationally and economically and proceed as planned; (2) market fundamentals
will result in sustained metal and mineral demand and prices; and (3) required
or desired financing will be available on reasonable terms. The Company
disclaims any intention or obligation to update or revise any forward-looking
statement, whether as a result of new information, future events or otherwise,
unless required by applicable laws.

Full Metal Minerals (TSXV:FMM)
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