RNS Number:9506M
Mano River Resources Inc
30 June 2003

                            MANO RIVER RESOURCES INC.

                                  NEWS RELEASE


30 June 2003

No: 2003/12

TSX-Venture Exchange  (Trading Symbol: MNO)

London Stock Exchange - AIM (Trading Symbol: MANA)

                MANO CLOSES PRIVATE PLACEMENT RAISING GB#431,250

The Board of Mano River Resources Inc. ("Mano") announces that it has closed a
Brokered Private Placement raising gross proceeds of GB#431,250, as previously
announced on 19th June 2003.

The Placing has been arranged in the UK and Europe of 17,250,000 common shares
at GB#0.025 per share by Seymour Pierce Ltd to raise GB#431,250. Commission of
3.29% will be paid to Seymour Pierce with respect to the placing. Regulatory
approval has been received from the TSX Venture Exchange and application made
for the new shares to be admitted to trading on AIM.

The proceeds of the Placing will be used by Mano to continue the Company's
exploration programme over its range of promising gold and diamond targets in
the Mano River Union countries, and for general working capital purposes.

On behalf of the Board of Mano River Resources Inc.

Tom Elder

President and CEO

For further information on Mano River Resources and its exploration programme,
you are invited to visit the Company's website at www.manoriver.com or contact
one of the following:

Tom Elder             President and CEO                 UK +44 (0) 1235 810 740
Guy Pas               Co-Chairman                   Switzerland +41 22 758 2151
Anthony Rhatigan      Co-Chairman                   Mobile +44 (0) 7785 297 348
Raz Hussein           Controller                       Canada +1 (604) 689 1700
Dru Edmonstone        Seymour Pierce                    UK +44 (0) 20 7107 8000
Gary Middleton        Britton Financial PR              UK +44 (0) 20 7251 2544

 The TSX Venture Exchange has not reviewed and does not take responsibility for
                    the adequacy or accuracy of this release




                      This information is provided by RNS
            The company news service from the London Stock Exchange

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