Vancouver, BC, June 8, 2006 -- Morgain Minerals Inc. ("Morgain") (TSX-V: MGM) announces that it has granted options under its Stock Option Plan to Richard J. Adams to purchase a total of 200,000 common shares in the capital of the Company at a price of $0.33 per share. The options are exercisable for a five year period. Mr. Adams was appointed a Director of Morgain on June 5, 2006.
About Morgain Minerals Inc. Morgain Minerals is a resource exploration company with a number of precious and base metal properties in Mexico. Its corporate strategy is to acquire properties with known resources that can be further developed to production status. Visit our website at www.morgainminerals.com for the latest corporate information.
For further information, please contact: Chester F. Millar -- Chairman and President Telephone: 604-643-1727
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