Editors Note: There is a map associated with this press release.

MDN Inc. ("MDN") (TSX:MDN) is pleased to report that it has acquired 175 claims
covering 98 km2 southeast of the Crevier niobium-tantalum project. This new
acquisition means that MDN now controls the ground covering a magnetic
geophysical response similar to the one associated with the Niobec niobium mine.
The magnetic signature lies 23 km southeast of the Crevier deposit and 130 km
northwest of the Niobec mine and the property has been named Samaqua. 


"We have several good reasons to enlarge the footprint of the Crevier project,"
said Serge Bureau. "We are in the advanced feasibility study stage, and we
recognize that the magnetic signature to the southeast of the project could
correspond to another carbonatite-type mineralization with a rare-earth core.
Furthermore, it is related to the Crevier deposit via a lineament corresponding
to the southeast extension of the Crevier dike. This would mean timely growth
for our project given the development of new modern applications for strategic
metals." 


MDN staked this strategic position following its analysis of geophysical mapping
of the airborne magnetic map published by the Canadian government and the
compilation of previous work in the area.


A magnetic signature similar to the Niobec magnetic response has been
identified, with a halo of high magnetic intensity surrounding a low-intensity
core. In the case of Niobec, the core corresponds to a niobium carbonatite with
a rare-earth centre. 


The circular anomaly lies at the southeast end of a lineament visible on the
geophysical maps. The lineament coincides with the porphyry syenite dike hosting
the Crevier deposit and could be the southeast extension of the dyke, in which
case the two systems would be related.


The new claims also lie within part of a structural corridor that includes the
Saint-Honore (Niobec) and Crevier carbonatites in the Grenville Province and the
Lac Shortt and Montviel carbonatites in the Abitibi. 


Historical prospecting work located pegmatitic syenite outcrops within the
magnetic halo, which is highly indicative of the presence of an alkaline
intrusive favourable to metals like those at Crevier (niobium-tantalum) and /or
Niobec (niobium and rare earths). 


Reconnaissance work will be carried out on the property during the year to
confirm the presence of a carbonatite and its metal content. This work will also
enable the Company to verify whether the Crevier mineralized dyke and this
circular anomaly are interrelated, as suggested by the presence of the
lineament. 


The technical and scientific information contained in this press release has
been reviewed by Marc Boisvert, geologist engineer and Vice President,
Exploration, who acts as a qualified person in accordance with National
Instrument 43-101.


About MDN

MDN Inc. (TSX:MDN) is a mining exploration and development company exploring and
developing projects in Quebec and Tanzania. The company is also active in the
search for new business opportunities that can increase shareholder value. As
well as holding a 30% participating interest in the Tulawaka gold mine, MDN is
the operator and owner of a majority interest in mineral licenses totalling 757
km2 in the vicinity of the Tulawaka mine. MDN Inc. also owns a 72.5% interest in
Crevier Minerals Inc., which owns an NI 43-101 niobium-tantalum resource in the
Lac-Saint-Jean area of Quebec. MDN has an option to increase its interest in
Crevier Minerals Inc. to 87.5%. Additional information is available on MDN's
website at www.mdn-mines.com.


Forward-Looking Statements Other than statements of historical fact, all
statements in this release that address events or developments that the Company
expects to occur are forward-looking statements. Although the Company believes
that the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future
performance, and actual results may differ materially from those in the
forward-looking statements. Factors that could cause the actual results to
differ materially from those in forward-looking statements are discussed in
greater detail in the Company's most recent Annual Information Form filed on
SEDAR, which also provides additional general assumptions in connection with
these statements. Investors and others who base themselves on the Company's
forward-looking statements should carefully consider the factors mentioned in
the Annual Information Form as well as the uncertainties they represent and the
risk they entail. The Company believes that the expectations reflected in those
forward-looking statements are reasonable, but no assurance can be given that
these expectations will prove to be correct, and as such, the forward-looking
statements in this press release should not be unduly relied upon. These
statements speak only as of the date of this press release.


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