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To: Goose94 who wrote (6786)	6/25/2014 6:26:46 PM
From: Goose94	Read Replies (1) of 203505

Mega Precious Metals (MGP-V) June 25, '14 is pleased to announce that due to demand, it has increased the size of its non-brokered private placement previously announced on June 17, 2014 (the "Offering") to gross proceeds of up to $5.0 Million. Glen Kuntz, President and CEO commented "Mega is encouraged by the demand from current and new investors. The winter 2014 drill program has been successful at defining high grade near surface gold and tungsten mineralization. We will continue to work to add value to the Monument Bay Gold-Tungsten Project throughout 2014 with the objective of completing ongoing drilling, an updated mineral resource estimate, further metallurgical testing and environmental/engineering studies. We are grateful to have the support of numerous key investors as we continue to develop and de-risk the project". The terms of the Offering are units at a price of $0.11 per unit (the "Non-Flow-Through Units") and flow-through units at a price of $0.12 per flow-through unit (the "Flow-Through Units). Each Non-Flow-Through Unit will consist of one common share of the Company and one-half of one warrant (each a "Warrant") to purchase common shares of the Company. Each Warrant will entitle the holder thereof to purchase one common share of the Company at an exercise price of $0.15 until 18 months following the closing date of the Offering. Each Flow-Through Unit will consist of one common share of the Company, which will qualify as a "flow-through share" within the meaning in the Income Tax Act (Canada) (the "Tax Act") and one-half of one Warrant. For further details of the Offering refer to the Company's news release dated June 17, 2014. Mega Precious Metals Inc. is a leading Canadian-based exploration company with a high quality pipeline of projects located in the mining friendly jurisdictions of Manitoba, Northwestern Ontario and Nunavut. The Company's significant portfolio includes the flagship Monument Bay Gold Tungsten Project in NE Manitoba as well as the N. Madsen Gold Project in the prolific gold mining district of Red Lake, Ontario. Mega has established a record of delivering rapid growth through their focused and low cost approach to exploration and resource development. The Company's common shares trade on the TSX Venture Exchange under the symbol MGP.

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