VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 30, 2014) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Mineral Mountain Resources Ltd. ("Mineral Mountain") (TSX VENTURE:MMV)(OTCQX:MNRLF) is pleased to announce that it has entered into an agreement with M Partners Inc. (the "Agent"), to offer up to 60,000,000 units (the "Units") on a private placement commercially reasonable efforts basis at a price of C$0.05 per Unit (the "Offering Price") for gross proceeds of up to C$3,000,000 (the "Offering"). Proceeds from the Offering will be used to continue the evaluation of Mineral Mountain's Holy Terror Project located in South Dakota, USA, and for general working capital purposes.

The Agent will have an option to increase the size of the Offering by up to an additional 15% of the number of Units, at any time up to 24 hours prior to the closing, at a price equal to the Offering Price.

Each Unit shall consist of one common share of the Company and one common share purchase warrant (a "Warrant"). Each whole Warrant shall be exercisable into one common share of the Company for a period of 24 months from closing at an exercise price of C$0.09.

In connection with the Offering, the Corporation agrees to pay the Agent, on the date of closing, a cash commission of 7% of the aggregate gross proceeds of the Offering and issue to the Agent, compensation options (the "Compensation Options") exercisable, in whole or in part, for 24 months following the closing at the Agent's sole discretion, to acquire that number of Units equal to 7% of the number of Units issued pursuant to the Offering each exercisable at the Offering Price. The Agent may assign the Compensation Options in whole or in part, from time to time, at its sole discretion, to any member of the selling group in connection with this Offering.

"This financing will allow us to embark on a focused, cost-efficient Phase III drill program that is designed to support the delivery of our maiden mineral resources estimate for the Holy Terror Project," said Nelson W. Baker, President and CEO of Mineral Mountain.

About Mineral Mountain and the Holy Terror Project

Mineral Mountain, through its wholly owned subsidiary Mineral Mountain Resources (SD) Inc., is focused on the exploration and, if warranted, development of its key asset, the Holy Terror Project in the Keystone Mining District in the southeastern part of the Black Hills of South Dakota, USA. The Holy Terror Project is centered along the southwestern extension of the Homestake Gold Trend and covers over 4,000 acres straddling a 300-meter wide gold bearing structural corridor measuring about 15 km along the trend and 1.5 km in width. The Keystone District contains historic, "turn of the century" gold mines, seven of which occur within the Holy Terror Project. The Bismarck Mine, the Keystone Mine, the Bullion and the Holy Terror Mine occur within the structural corridor over a strike length of about 700 meters and will be the focus of the Phase III drill program. The Holy Terror Project is very well located near Rapid City where it can be easily accessed by a network of roads. Hydro-electricity and modern internet services are on site. As well, the area has a skilled labour force and exploration costs are considerably lower than in Canada. The state of South Dakota has low political risk and is in a jurisdiction that embraces mineral development.

On Behalf of the Board of Directors of

MINERAL MOUNTAIN RESOURCES LTD.

"Nelson W. Baker", President and CEO