News Releases

Fortress Announces $15 Million Private Placement

December 15, 2010

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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 15, 2010) - Fortress Minerals Corp. ("the Company") (TSX VENTURE:FST) reports that subject to regulatory approval, it will carry out a non-brokered private placement of up to an aggregate of 5 million common shares of the Company at a price of $3.00 per share. A finder's fee of up to 5% may be payable on a portion of the private placement. Net proceeds of the private placement will be used towards future acquisitions and general working capital purposes. The common shares issued pursuant to the private placement will be subject to a 4 month hold period.

On behalf of the Board of Directors,

Ron Hochstein, Chairman

Fortress Minerals Corp.
Sophia Shane
Corporate Development
604-689-7842
or
Fortress Minerals Corp.
Ryan Torvik
Chief Financial Officer
604-689-7842
www.fortressminerals.com