MANTIS MINERAL CORP. COMPLETES PRIVATE PLACEMENT

TORONTO, Nov. 15 /CNW/ - Mantis Mineral Corp. ("Mantis") (CNSX - MYN)) is pleased to announce it has completed a non-brokered private placement of 4,000,000 units at a price of $0.05 per unit for gross proceeds of $200,000.   Each unit consists of one "flow-through" common share and one-half of one common share purchase warrant. Each whole warrant entitling the holder thereof to acquire one share at a price of $0.10 for a period of one year.

In addition, Mantis has also completed a non-brokered private placement of 1,000,000 units at a price of $0.03 per unit for gross proceeds of $30,000.  Each unit consists of one common share and one-half of one common share purchase warrant.  Each whole warrant entitling the holder thereof to acquire one share at a price of $0.10 for a period of one year.

A total of $16,000 was paid as a finder's fee in connection with the private placement.

Completion of the private placement is subject to regulatory approval, including satisfaction of the requirements of the CNSX.

The CNSX has not reviewed and does not accept responsibility for the adequacy of this release.

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For further information:

Mr. Robin Ross, Chairman & CEO: [phone], [email protected], or visit our corporate website at www.mantismineralcorp.com/