MBR Mbmi Resources Inc.

MBMI RESOURCES INC. ("MBMI" or the "Company") (TSX VENTURE:MBR) reports that
pursuant to the Annual General and Special Meeting of Shareholders
(collectively, the "AGM") held on July 29, 2011, shareholders voted in favour of
all management resolutions proposed in the Management Information Circular.
Prior to the AGM, Hermes Dichosa withdrew his director nomination. The six
members elected to the Board of Directors (the "Board") included: Michael T.
Mason, John F. Cook, Joseph Chan, Sam Y.C. Kwan, Grant B. Walsh and Christopher
A. Serin. 


Subsequent to the AGM, a Board of Directors meeting was held at which Grant B.
Walsh was elected as Chairman of the Board of Directors. Michael T. Mason and
Christopher A. Serin announced their resignations as members of the Board. They
were thanked by the Board for their service.


Ning Yat Hoi of Hong Kong was elected by the Board to fill a term until the next
Annual General Meeting. Mr. Ning is already a shareholder of the Company.


The Board then appointed Mr. John H. Wong as President and Chief Executive
Officer. Mr. Stephen M. Gledhill and Ms. Leslie Haddow will continue as Chief
Financial Officer and Corporate Secretary, respectively. 


The Board appointed to the Audit Committee Sam Y.C. Kwan as Chairman, Joseph
Chan and Grant B. Walsh; and to the Compensation Committee Grant B. Walsh as
Chairman, John F. Cook and Sam Y.C. Kwan. The Governance Committee will be
comprised of the Board as a whole.


The Board appointments are subject to regulatory acceptance.

Grant B. Walsh, MBA, C.Dir., Chairman

Grant B. Walsh is a Chairman, Corporate Director, and C.E.O. with over thirty
years experience in a variety of industries in the United States and Canada. 


Mr. Walsh is the Chairman of four companies: Canada Lands Company Ltd. (a
Canadian Crown Corporation), Medifocus Inc. (a TSX and OTCBB company), Walsh
Delta Group Inc. (a private corporation) and now MBMI Resources Inc. He is also
a member of the Boards of Cleveland Clinic Canada, Toronto, ON; and Yinfu Gold
Corporation, Hong Kong.


Previously, Walsh was Executive-in-Residence and Adjunct Professor at the
DeGroote School of Business of McMaster University, Hamilton, Ontario. 


Mr. Walsh has been an executive / CEO of a number of international
organizations; public and private; for-profit and not-for-profit; U.S. and
Canadian companies. He has consulted internationally on issues related to
governance, strategy, leadership and performance improvement.


In addition to CEO roles, Mr. Walsh was Executive Vice President of the
ServiceMaster Company, Downer's Grove, IL where he was accountable for $550
million in revenue, 30,000 employees, 10,000 properties, and 25,000 acres of
maintained lands in 44 states and Canada. Asset value under his leadership
exceeded $30 billion. ServiceMaster was a Fortune 500, New York Stock Exchange
company with $7.4 billion in revenue.


Grant B. Walsh holds a Master of Business Administration degree in finance from
Southern Illinois University and a designation as a Chartered Director from
McMaster University and the Conference Board of Canada. He is a member of the
Institute of Corporate Directors and the Alternative Dispute Resolution
Institute of Canada.


John H. Wong, BBA, MBA, FCSI, CIM, President and Chief Executive Officer

Mr. John H. Wong holds a Bachelor's degree in Finance and a Master of Business
Administration. Mr. Wong has accumulated over twenty years of international
experience in diversified investment projects in Europe, America, Asia and
Africa. He has been involved in feasibility studies, management, marketing and
financial control in various industries and his diverse worldwide investment
experience strengthens his global view and analytical abilities. Mr. Wong is a
director of the TSX-V listed company Kam & Ronson Media Group Inc., President of
SinoCan Capital Inc. and CEO of Horwath Leebosh Global Advisors Inc., the Asia
Pacific corporate finance division of Horwath Leebosh Appel LLP, which provides
financial advisory services to Chinese, Hong Kong and other Pacific Rim
entities.


Sam Y. C. Kwan, CA, CPA, Director

Mr. Sam Y.C. Kwan has more than twelve years financial experience in external
audit, taxation, accounting and corporate finance. He has experience in
international business and has been involved in foreign exchange risk management
and hedging strategy implementation. Mr. Kwan is a Chartered Accountant who has
practiced at major accounting firms, most recently at BDO Dunwoody LLP. Mr. Kwan
is the President of Horwath Leebosh Global Advisors, Inc. and Audit Committee
Chairman of Kam and Ronson Media Group Inc.


Ning Yat Hoi, Director

Mr. Ning Yat Hoi is the Director of the Nonferrous Metals Society of China, a
technological organization of scientists and technologists engaged in the
nonferrous metals industry. He is also the Chairman of Hoi Mor Industrial
(Group) Ltd., a privately owned mining firm which specializes in the metals and
mining industry.


ON BEHALF OF THE BOARD OF DIRECTORS

John H. Wong, President and C.E.O.

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