AJC

American Consolidated Minerals Corp. (TSX VENTURE:AJC) (the "Company") announces
it has arranged a non-brokered private placement of up to 3,500,000 Units at a
price of $0.08 per Unit for gross proceeds of $280,000.


Each Unit will consist of one common share of the Company and one share purchase
warrant. Each warrant will entitle the holder to purchase one additional common
share of the Company at a price of $0.12 for a period of 12 months. 


The net proceeds of the private placement will be added to working capital. 

The private placement is subject to TSX Venture Exchange (the "Exchange")
acceptance and required regulatory approvals. All of the securities issued
pursuant to this offering will have a hold period expiring four months after the
closing date. 


A finder's fee will apply in this transaction in accordance with the policies of
the Exchange.


American Consolidated is dedicated to the principles of environmentally sound
mining practices and believes that environmental stewardship and mining can
co-exist. 


For details on the Company and its properties, visit the Company's website at 
www.americanconsolidatedminerals.com.

ON BEHALF OF THE BOARD:

Al Fabbro, President & Director

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