MillenMin Ventures Inc. Closes C$300,000 Private Placement

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TORONTO, Sept. 29, 2011 /CNW/ - MillenMin Ventures Inc. (TSXV: MVM.P) (the "Corporation") announces that it has closed its non-brokered private placement (the "Private Placement") of 2,000,000 common shares (the "Shares") at a price of C$0.15 per Share for aggregate gross proceeds of C$300,000.

The Private Placement is subscribed to by MillenAsia Resource Inc., an insider of the Corporation, and several other private investors. A finder's fee of C$9,000 was paid in connection with the Private Placement. The Shares issued pursuant to the Private Placement will be subject to a 4 month hold period expiring January 29, 2012.

The proceeds of the Private Placement will be used for the identification and evaluation of companies' business or assets and for general corporate purposes.

Additional information about the Corporation is available to the public on SEDAR at www.sedar.com.

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

Forward-Looking Statements

This press release may include forward-looking information within the meaning of applicable securities laws including information concerning the business and future results of the Corporation. Any such forward-looking statements are subject to risks and uncertainties. Additional information on these and other potential factors that could affect the Corporation's financial results are detailed in disclosure documents filed from time to time with the applicable Canadian securities regulatory authorities.

SOURCE MillenMin Ventures Inc.

For further information:

Yunkai (Kent) Cai, President, CFO and Secretary, Telephone: (416) 366-1888, yunkaicai@yahoo.com


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