NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES

Full Metal Minerals Ltd. (TSX VENTURE:FMM) (the "Company") announces a
non-brokered private placement, subject to regulatory approval, of up to
5,400,000 units at a price of $.75 per unit.


Each unit will consist of one common share and one-half of one transferable
share purchase warrant. Each whole warrant will entitle the holder to acquire
one additional common share exercisable for a period of two year following the
closing of the private placement at a price of $1.00 per common share.


A finder's fee of 8% of the gross proceeds may be payable in cash or shares on a
portion of the financing. The net proceeds from the financing will be used for
exploration expenses on the Company's projects and for general working capital.


Full Metal is a generative exploration company with multiple precious and base
metal projects in Alaska and the Yukon. Drilling and underground development is
currently underway at the high-grade Lucky Shot Gold Project. The Company has
Exploration Agreements with Kinross Gold, Freeport-McMoRan Exploration
Corporation, BHP Billiton, New Gold, Triex Minerals, Altair Ventures, Highbury
Projects, and Ashburton Ventures Inc.


ON BEHALF OF THE BOARD OF DIRECTORS

Michael Williams, President and Director

(FMM 2008 - NR #20)
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