THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO ANY U.S. NEWS WIRE SERVICE OR FOR
DISSEMINATION IN THE UNITED STATES.


URSA Major Minerals Incorporated ("URSA Major") (TSX:UMJ) is pleased to announce
that Institutional Shareholder Services ("ISS") has recommended that
shareholders of URSA Major vote FOR the current board nominees at the upcoming
annual and special meeting of shareholders to be held on June 23, 2011. 


ISS is a leading independent international corporate governance analysis and
proxy voting firm. Their recommendations assist shareholders to make decisions
regarding proxy voting.  In their analysis ISS stated(i): 


"The dissidents have not clearly established how they would ensure that changes
are made, although they are keen to get Forbes & Manhattan in as an investor. We
are not comfortable recommending a wholesale change of the board, which should
be given the benefit of the doubt for some more time."


ISS also noted that URSA Major's operating performance had "turned around in the
current year" and that the dissidents had not provided any specific operating
plan for URSA Major. 


"ISS' independent third party endorsement of the Management nominees of URSA
Major underscores our belief that the board and management of the company is
working in the best interests of all shareholders," stated Amar Bhalla,
Chairman, Special Committee. 


"The dissidents have presented no operating plan for URSA Major nor have they
demonstrated their qualifications to serve as directors of our company," said
URSA Major CEO, Richard Sutcliffe. Shareholders are reminded to vote their BLUE
proxy FOR the management nominees before the proxy deadline of Tuesday, June 21,
2011 at 5:00 P.M (Eastern Daylight Time). 


Shareholders who require assistance voting their proxy should contact Kingsdale
Shareholder Services Inc. at 1-866-851-2743 or email
contactus@kingsdaleshareholder.com. 


(i)Permission to quote from the ISS report was neither sought nor obtained. 

About URSA Major Minerals - URSA Major is a Canadian mining company with a
nickel mine and two nickel sulphide projects containing significant NI43-101
compliant nickel and copper reserves and resources. The Company is focused on
demonstrating profitable operations at the Shakespeare Mine and growing its
nickel, copper and platinum group metal (PGM) deposits through exploration and
development, primarily in Ontario, Canada.                             


This release was prepared by management of the Company who takes full
responsibility for its contents. The TSX has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release. Some
statements contained in this release are forward-looking and, therefore, involve
uncertainties or risks that could cause actual results to differ materially.
Such forward-looking statements include comments regarding mining and milling
operations, mineral resource statements and exploration program performance.
Factors that could cause actual results to differ materially include metal price
volatility, economic and political events affecting metal supply and demand,
fluctuations in mineralization grade, geological, technical, mining or
processing problems, exploration programs and future results of exploration
programs, future profitability and production.
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