Meritus Announces Non-Brokered Private Placement

Vancouver, B.C.: Meritus Minerals Limited (MML) (TSX-V – MER) (the “Company”) announces it will be conducting a non-brokered private placement of up to 2.5 million units ("Units") at a price of $0.10 per Unit to raise proceeds of up to $250,000. Each Unit will consist of one common share and one a share purchase warrant with each warrant entitling the holder to acquire one additional common share at a price of $0.15 per share for a period of one year from closing (the “Unit Warrants”).  Finders’ fees in accordance with TSX.V policies may be payable in respect to the placement.

The proposed private placement is subject to approval of the TSX Venture Exchange and the funds raised are to be used on the Company’s exploration properties and for general corporate purposes.

Meritus Minerals Ltd (C.MER) is a mineral exploration Company committed to building shareholder value through acquisition of base and precious metal properties throughout the world. For additional information, contact Richard Schnoor at 604 618-9327 (toll free 866 637-5138).

On Behalf of the Board of Directors

Meritus Minerals Ltd.

Terence E. Bates - CEO and President

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.

For further Information please visit our website at: www.meritusminerals.com            

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