| ||September 11, 2008|
MBMI -Notice Of Change Of Auditor
| ||Vancouver, B.C., September 11, 2008 - MBMI RESOURCES INC. ("MBMI" or the "Company") (TSX-V: MBR) wishes to announce that pursuant to National Instrument 51-102, the Company advises that effective September 9, 2008 (the "Effective Date"), Ernst & Young LLP, Chartered Accountants, of 700 West Georgia Street, PO Box 10101, Vancouver, BC (the "Former Auditors") have resigned, at the Company's request, as the auditors of the Company, and that Grant Thornton LLP, Chartered Accountants, of Suite 1600, Grant Thornton Place, 333 Seymour Street, Vancouver, BC (the "Successor Auditors") have been appointed as the Company's auditors in their place.|
There have been no reportable events between the Company and the Former Auditors. There have been no reservations in the Former Auditors' reports in connection with the audits of the two most recently completed fiscal years, and any period subsequent to the most recently completed period for which an auditors' report was issued and preceding the Effective Date.
MBMI Resources Inc. is a Canadian-based mining company focused on the exploration and development of nickel mineral properties in the Philippines. MBMI and its partners control eight nickel laterite projects in the Philippines, covering an area greater than 22,000 hectares. MBMI's objective is to become a major supplier of high-grade nickel products to primary industrial consumers in Asia.
ON BEHALF OF THE BOARD OF DIRECTORS
Chief Financial Officer
For further information relating to the Company or this release, please refer to the Company's website at www.mbmiresources.com or contact Investor Relations at 1-877-399-1991 or firstname.lastname@example.org.
The TSX Venture Exchange has not reviewed and does not take responsibility for the accuracy of this release.
This news release may contain forward-looking information including but not limited to comments regarding the timing and content of upcoming financings, work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking information includes disclosure regarding possible future events, or conditions or results of operations that is based on assumptions about future economic conditions and courses of action, and therefore, involves inherent risks and uncertainties. Although management has a reasonable basis for the conclusions drawn, actual results may differ materially from those currently anticipated in such statements. At this time the Company has not yet established NI 43-101 compliant mineral resources or mineral reserves that would support a commercial mining operation.
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