Sacre-Coeur Minerals Announces Private Placement

SACRE-COEUR MINERALS, LTD. (the 'Company') is pleased to announce
a non-brokered private placement offering to raise gross proceeds of up
to CAD $2.2 million. Under the terms of the private placement, the
Company will offer for sale 4,000,000 Units (the 'Units?) at CAD $0.55
per Unit. The Company may, in its discretion, increase the size of this
offering by up to 20% to a maximum of 4,800,000 Units.
Each Unit will consist of one Common Share of the Company and one-half
of one share purchase warrant (the 'Warrants?), where each whole Warrant
will allow the subscriber to purchase one additional Common Share of the
Company for a period of two years from the date of closing. The exercise
price shall be CAD $0.75 per Share. The Company may, in its discretion,
pay a cash finders′ fee of up to 7% of the total gross proceeds of the
offering.
The Units issued upon the closing of the private placement will be
subject to a 4-month hold period. The private placement is subject to
the acceptance of the TSX Venture Exchange.
Proceeds from the private placement will be utilized to explore the
Company′s gold properties located in Guyana and for working capital.
About Sacre-Coeur
Sacre-Coeur is engaged in the acquisition, exploration and development
of properties for the potential mining of gold, metals and diamonds in
South America, initially focusing on exploration for gold on its
properties in Guyana. Sacre-Coeur presently has an interest in
approximately 1000 sq. km of mineral properties in Guyana, including the
Million Mountain Property. Sacre-Coeur has offices in Vancouver, Canada
and Georgetown, Guyana. More information about Sacre-Coeur is available
at <www.scminerals.com>.
ON BEHALF OF THE BOARD OF DIRECTORS OF
SACRE-COEUR
MINERALS, LTD.
'Gregory B.Sparks?
Gregory
B. Sparks
President & CEO
Neither 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.
Sacre-Coeur Minerals, Ltd.
Gregory B. Sparks, 604-899-0100
Fax:
604-899-0200
President & CEO
greg@scminerals.com
or
Scott
Young, 604-899-0100
Cellular: 705-888-2756
Fax: 604-899-0200
Corporate
Communications
scott@scminerals.com
or
Irwin
Olian, 604-899-0100
Fax: 604-899-0200
Chairman
tigertail@scminerals.com