Blue Note Mining Closes $700,000 First Tranche Financing with the MineralFields Group

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	    Shares Outstanding: 47 Million
	    Symbol & Exchange: BNT.V
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	    MONTREAL, Sept. 18 /CNW Telbec/ - Blue Note Mining Inc. (TSXV: BNT)
("Blue Note" or the 'Company") is pleased to announce that it has closed the
first tranche of the non-brokered private placement announced on September 10,
2009 through the sale of 3,500,000 Flow-Through Units ("FT Units") at $0.20
per unit to the MineralFields Group for total gross proceeds of $700,000. Each
FT Unit consists of one flow-through common share along with a full common
share purchase warrant, each warrant being exercisable at $0.26 expiring 2
years from closing.
	    Conditional acceptance to this private placement was issued by the TSX
Venture Exchange on September 16, 2009.
	    "We are very pleased to be entering into this relationship with
MineralFields Group", said Michael C. Judson, President and Chief Executive
Officer of Blue Note. "This is an important milestone in the growth of Blue
Note and we look forward to working with MineralFields Group as we develop our
Williams Brook gold property in Northern New Brunswick."
	    With respect to the $700,000 investment by MineralFields Group, Limited
Market Dealer Inc. obtained a finder's fee of 5% in cash and options equal to
10% of the number of units subscribed for on the same terms as the FT Units,
at an exercise price of $0.20 per option for a period of 24 months. Each
option consists of one flow-through common share along with a full common
share purchase warrant, each warrant being exercisable at $0.26 expiring 2
years from closing. All of the securities issued pursuant to this offering
will have a hold period until January 19, 2010.

	    About Blue Note Mining

	    Blue Note Mining is a Canadian mineral exploration and mining company
headquartered in Montreal. The company's shares trade on the TSX Venture
Exchange under the symbol BNT.

	    About MineralFields, Pathway and First Canadian Securities (R)

	    MineralFields Group (a division of Pathway Asset Management), based in
Toronto and Vancouver, is a mining fund with significant assets under
administration that offers its tax-advantaged super flow-through limited
partnerships to investors throughout Canada as well as hard-dollar resource
limited partnerships to investors throughout the world. Pathway Asset
Management also specializes in the manufacturing and distribution of
structured products and mutual funds (including the Pathway Multi Series Funds
Inc. corporate-class mutual fund series). Information about MineralFields
Group is available at www.mineralfields.com. First Canadian Securities (R) is
active in leading resource financings (both flow-through and hard dollar PIPE
financings) on competitive, effective and service-friendly terms, and offers
investment banking, mergers and acquisitions, and mining industry consulting,
services to resource companies. MineralFields and Pathway have financed
several hundred mining and oil and gas exploration companies to date through
First Canadian Securities (R).

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	    Forward-Looking Statements
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	    This news release contains discussion of items that may constitute
forward-looking statements within the meaning of securities laws that involve
risks and uncertainties. Although the company believes the expectations
reflected in such forward-looking statements are based on reasonable
assumptions, it can give no assurances that its expectations will be achieved.
Factors that could cause actual results to differ materially from expectations
include the effects of general economic conditions, actions by government
authorities, uncertainties associated with contract negotiations, additional
financing requirements, market acceptance of the Company's products and
competitive pressures. These factors and others are more fully discussed in
Company filings with Canadian securities regulatory authorities.

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	    The TSXVenture does not accept responsibility for the adequacy or
	    accuracy of this news release.
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	    /For further information: Glenn Massad, Vice President, Investor
Relations Blue Note Mining, (800) 937-3095 x230, [email protected],
www.bluenotemining.ca/