NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED
STATES


Smash Minerals Corp. (the "Company") (TSX VENTURE:SSH), announces that it has
closed its brokered private placement (previously announced in its news release
of June 27, 2011) and issued an aggregate 6,779,690 common shares (4,202,500
flow-through common shares at $1.20 per common share and 2,577,190
non-flow-through common shares at $1.05 per common share) for gross proceeds of
$7,749,049.50 (the "Private Placement"). 


The Company engaged NCP Northland Capital Partners Inc. (the "Agent"), together
with Fraser Mackenzie Limited and Fox Collins Securities Inc. as selling group
members, to act as its agent in connection with the Private Placement. The
Company paid commissions of up to 7% of the gross proceeds of the Private
Placement, and issued compensation options (the "Compensation Options") to the
Agent, members of the selling group and certain finders to acquire up to 474,578
common shares of the Company at a price of $1.20 per share until February 4,
2013. 


All of the common shares issued under the Private Placement, including the
Compensation Options, and all of the common shares issuable upon exercise of the
Compensation Options are subject to statutory and TSX Venture Exchange imposed
resale restrictions expiring on December 5, 2011. 


The proceeds of the Private Placement will be used to accelerate the advancement
of the Company's gold exploration project - the Whiskey Property in the Yukon.


ON BEHALF OF THE BOARD

Adrian Fleming, CEO and director

This press release is not an offer or a solicitation of an offer of securities
for sale in the United States. The common shares of Smash Minerals Corp. have
not been and will not be registered under the U.S. Securities Act of 1933, as
amended, and may not be offered or sold in the United States absent registration
or an applicable exemption from registration.


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