Copper Mesa Completes Private Placement

/NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES/

VANCOUVER , Dec. 7 /CNW/ - Copper Mesa Mining Corporation ("Copper Mesa" or the "Company") (TSX:CUX) today announced that the Company has completed a non-brokered private placement for $100,000 .

The private placement was completed through the issuance of 6,666,668 common shares at a price of $0.015 per common share. The proceeds of the financing are for general working capital. The financing remains subject to the final approval of the Toronto Stock Exchange ("the Exchange"). Upon completion of the transaction, Copper Mesa has 110,925,157 common shares outstanding.

About Copper Mesa Mining Corporation

Copper Mesa is a mineral exploration and development Company. www.coppermesacorp.com

This press release may contain forward-looking statements that are based on Copper Mesa's expectations, estimates and projections regarding its business and the economic environment in which it operates. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to control or predict. Therefore, actual outcomes and results may differ materially from those expressed in these forward-looking statements and readers should not place undue reliance on such statements. Statements speak only as of the date on which they are made, and the Company undertakes no obligation to update them publicly to reflect new information or the occurrence of future events or circumstances, unless otherwise required to do so by law.

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For further information: Rana S. Gill, Chief Financial Officer, [phone], [email protected]; or Joanna Longo, Investor Relations, [phone] ext. 233, [email protected]