SMN Sun Summit Minerals Corp

San Marco Resources Inc. (TSX VENTURE:SMN) announced that it has arranged a
non-brokered private placement of 2,666,666 units at $0.15 per unit for gross
proceeds of $400,000.


Skanderbeg Capital Partners Inc., of Vancouver, British Columbia has arranged
the financing pursuant to its agreement with San Marco granting Skanderbeg an
option to acquire a 50% interest in San Marco's La Buena property in Zacatecas,
Mexico. La Buena property hosts a similar geological environment to Goldcorp's
Penasquito mine, located approximately eight kilometres to the south. San Marco
acquired the property in 2010 and subsequently completed detailed geological
mapping, ground magnetometer surveys, induced polarization surveys, surface
geochemistry, resulting in multiple drill targets being identified. Permitting
for drilling as well as surface rights contracts are in place.


Each unit will consist of one common share and one-half of a non-transferable
warrant, each whole warrant exercisable to purchase a further share for 18
months at $0.30. After the four month restricted resale period expires, the
expiry of the warrants may be accelerated if the closing price of the Company's
shares exceeds $0.50 per share for 20 consecutive trading days and the Company
gives notice to the warrant holders that the warrants must be exercised or the
warrants will expire in 30 days.


The proceeds of the placement will be used for continued exploration on its
Mexican gold/silver properties and for general working capital. The placement is
subject to regulatory approval.


About Skanderbeg Capital Partners Inc.

Skanderbeg Capital Partners is a merchant banking group, focused on identifying,
structuring and operating companies with highly prospective business
opportunities around the world. Skanderbeg is primarily focused on the natural
resource industry while also acting opportunistically outside of that sector in
compelling situations. A core competency of the Skanderbeg Capital Partners is
identifying countries and sectors that are rapidly emerging but have not yet
been fully recognized by the mainstream investment community.


About San Marco Resources Inc.

San Marco Resources Inc. is a Canadian mineral exploration company engaged in
the acquisition, exploration and development of precious metal properties in
Mexico. San Marco is currently focused on two gold/silver projects, Los Carlos
and La Buena. San Marco has a committed management team with extensive
experience in Mexico and a proven track record of building shareholder value.

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