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-Successful Placement to underpin copper and nickel exploration

Mithril Resources Ltd ('Mithril' - MTH: ASX) wishes to advise that it has received firm commitments to raise $ 808,103 (before costs) through a share placement pursuant to Section 708 of Corporations Act (Cth).

The proceeds of the share placement will be used to underpin geophysical and drill testing of the Mexi Nickel Prospect (located 50 kilometres northeast of Kalgoorlie, WA) and Stark Copper Prospect (located 80 kilometres southeast of Meekatharra, WA), and provide for working capital.

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