MYM Rift Basin Resources Corporation

MAYEN MINERALS LTD. (TSX VENTURE: MYM) (the "Company" or "Mayen") is pleased to announce that all the resolutions proposed at its Annual General Meeting of shareholders of the Company held on October 26, 2010 were duly passed.

Shareholders have appointed the following people to the Company's board of directors:

Dennis A. van Dyke     Bruno J. Arnold
R. Michael Garvey      Robert J. Atkinson
Joao C. Manuel

Davidson & Company LLP, Chartered Accountants has been reappointed as auditor of the Company. Shareholders have also approved the continuation of the Company's share option plan dated for reference May 8, 2007.

In addition, shareholders have approved certain amendments to the Company's current Articles to allow the use of uncertificated shares and electronic record keeping systems.

About Mayen Minerals Ltd.

Mayen is a Canadian junior exploration company focused on the acquisition, exploration, and development of precious and base metal deposits in Mexico. The Company is listed on the TSX Venture Exchange under the symbol MYM.

ON BEHALF OF THE BOARD

Dennis A. van Dyke, President, Chief Executive Officer and Director

Neither TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contacts: Mayen Minerals Ltd. Dennis A. van Dyke President and Chief Executive Officer (604) 689-4733 (604) 251-1721 (FAX) www.mayenminerals.com