MES

Marauder Resources East Coast Inc. (the "Company") (TSX VENTURE:MES) is pleased
to announce it has successfully closed its previously announced non-brokered
private placement (the "Offering") of units ("Units") of the Company, each Unit
consisting of one common share ("Common Share") in the capital of the Company
and one Common Share purchase warrant ("Warrant"). Each Warrant entitles the
holder to acquire one Common Share at an exercise price of $0.25 for a period of
36 months from the date of the closing of the Offering. 


At closing, the Company issued 1,975,000 Common Shares and 1,975,000 Warrants,
for gross proceeds of $395,000. The Common Shares and Warrants issued pursuant
to the Offering will be subject to a four-month hold period from the date of
issuance. An aggregate finder's fee of $19,750 in cash and 98,750 in Warrants
was paid to certain finders for services provided to the Company in connection
with certain subscriptions under the Offering. 


The net proceeds from the sale of the Units will be used for general and
corporate purposes. 


This press release may contain forward-looking statements within the meaning of
applicable securities laws. Forward-looking statements may include estimates,
plans, anticipations, expectations, opinions, forecasts, projections, guidance
or other similar statements that are not statements of fact. Although the
Company believes that the expectations reflected in such forward-looking
statements are reasonable, it can give no assurance that such expectations will
prove to be correct. These statements are subject to certain risks and
uncertainties and may be based on assumptions that could cause actual results to
differ materially from those anticipated or implied in the forward-looking
statements. These risks include, but are not limited to: the risks associated
with the oil and gas industry (e.g. operational risks in development,
exploration and production; delays or changes in plans with respect to
exploration or development projects or capital expenditures; the uncertainty of
reserve estimates; the uncertainty of estimates and projections relating to
production, costs and expenses and health, safety and environmental risks),
commodity price and exchange rate fluctuation and uncertainties resulting from
potential delays or changes in plans with respect to exploration or development
projects or capital expenditures. The Company's forward-looking statements are
expressly qualified in their entirety by this cautionary statement. The
forward-looking statements contained in this press release are made as of the
date hereof and the Company undertakes no obligations to update publicly or
revise any forward-looking statements or information, whether as a result of new
information, future events or otherwise, unless so required by applicable
securities laws.

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