Superior Mining International Corporation: Private Placement of Convertible Notes

Superior Mining International Corporation (TSX VENTURE:SUI) (the "Company"),
wishes to announce that it intends to arrange a private placement (the "Private
Placement") of unsecured convertible notes (the "Notes") to raise gross proceeds
of up to $200,000. The lenders may convert all or a portion of the Notes at any
time into common shares (the "Conversion Shares") of the Company at $0.10 per
share. The principal amount and all accrued and unpaid interest will be payable
12 months from closing, or earlier upon certain stated events. The Notes will
accrue interest at 12% per annum. Interest may be paid in cash or shares at the
option of the Company. Any shares issued to pay interest ("Interest Shares")
will be issued at the market price at the time of payment.


Purchasers of the Notes will also receive detachable share purchase warrants
(the "Warrants") entitling them to purchase up to a total of 2,000,000 common
shares of the Company (each a "Warrant Share") exercisable at a price of $0.10
per Warrant Share for one year from the date of the closing of the Private
Placement.


The financing is subject to the acceptance of the TSX Venture Exchange. The
Notes and Warrants and any Conversion Shares and Interest Shares issued will be
subject to a four month hold period. Certain insiders of the Company intend to
participate in the financing.


The proceeds of the Private Placement funds are to be used for working capital.

On behalf of the Board of Directors of Superior Mining International Corporation

Brent Butler, President and Chief Executive Officer

THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL
RESPONSIBILITY FOR ITS CONTENTS. THE TSX VENTURE EXCHANGE INC. DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. THIS NEWS
RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO
BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH
SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR
QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Superior Mining International Corporation
Brent Butler
President and Chief Executive Officer
(604) 601-2005
(604) 488-0319 (FAX)
www.superiormining.com

Superior Mining (TSXV:SUI)
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