| ||February 10, 2006|
| ||February 10, 2006, (Vancouver, British Columbia) MBA Resources Corp. (TSX-V: MBA) announced today that it is proceeding, subject to regulatory approval, with the issuance of up to 4,000,000 Units at a price of $0.10 per Unit by way of a combination of working capital private placement and settlement of indebtedness. Each Unit will consist of one common share and one warrant to purchase an additional common share of MBA at a price of $0.15 per share for one year.|
THIS NEWS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES, AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN. THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS, AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO U.S. PERSONS UNLESS REGISTERED OR EXEMPT THEREFROM.
For more information, contact Mr. Cam White at 604-707-0373.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or the adequacy of this press release.
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