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 October 09, 2012
MBMI Receives Exchange Approval of Asset Disposition and Private Placement Approvals

 Richmond Hill, Ontario, October 9, 2012 -- MBMI RESOURCES INC. ("MBMI") (TSX-V: MBR) is pleased to announce that the TSX Venture Exchange (the "Exchange") conditionally approved the proposed asset disposition previously announced in MBMI's press release of September 21, 2012. Final approval of this disposition is conditional upon MBMI submitting final documentation to the Exchange and in compliance with applicable Exchange policies.

MBMI is also pleased to announce that, further to its press release dated September 17, 2012, the Exchange granted (also on October 5, 2012) final acceptance of MBMI's most recent private placement.


For further information relating to MBMI or this release, please refer to MBMI's website at www.mbmiresources.com or contact John Wong, President and CEO by telephone at 905-886-3888 or by email at mbmi@mail.com.

Cautionary Statement:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

The foregoing information may contain forward-looking statements relating to the future performance of MBMI Resources Inc. Forward-looking statements, specifically those concerning future performance, are subject to certain risks and uncertainties, and actual results may differ materially from MBMI's plans and expectations. These plans, expectations, risks and uncertainties are detailed herein and from time to time in the filings made by MBMI with the TSX Venture Exchange and securities regulators. MBMI Resources Inc. does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events or otherwise.

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