MBR Mbmi Resources Inc.

MBMI RESOURCES INC. (the "Company") (TSX VENTURE:MBR) announces that, having
obtained the approval of its shareholders and the TSX Venture Exchange, the
Company has been continued into Ontario and a consolidation of the Company's
common shares (the "Common Shares") is now being completed on a ten (10) to one
(1) basis, whereby one (1) new Common Share would be issued for every ten (10)
pre-consolidation Common Shares issued and outstanding. The Common Shares will
begin trading on a consolidated basis on the TSX Venture Exchange beginning on
June 22, 2012.


The Company believes that the completion of a share consolidation would
facilitate future financings by the Company, as these may be accomplished
through the issuance of additional Common Shares. The Company currently has
181,657,658 Common Shares outstanding. After the completion of the share
consolidation, the Company would have approximately 18,165,765 Common Shares
outstanding.


For further information relating to the Company or this release, please refer to
the Company's website at www.mbmiresources.com.


Cautionary Statement:

The foregoing information may contain forward-looking statements relating to the
future performance of MBMI Resources Inc. Forward-looking statements,
specifically those concerning future performance, are subject to certain risks
and uncertainties, and actual results may differ materially from the Company's
plans and expectations. These plans, expectations, risks and uncertainties are
detailed herein and from time to time in the filings made by the Company with
the TSX Venture Exchange and securities regulators. MBMI Resources Inc. does not
assume any obligation to update or revise its forward-looking statements,
whether as a result of new information, future events or otherwise.

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