Comaplex Minerals Corp. announces completion of private placement of flow-through common shares



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

    CALGARY, Dec. 14 /CNW/ - Comaplex Minerals Corp. (TSX:CMF) ("Comaplex")
has announced today that it has closed the private placement previously
announced on December 6, 2007. J.F. Mackie & Company Ltd. (the "Agent") of
Calgary, Alberta acted as agent and the offering was fully subscribed. The
Agent was paid a cash commission on the gross proceeds of the private
placement.
    In total, Comaplex has issued, by way of private placement,
650,000 common shares on a flow-through basis at a price of $7.75 per share
for gross proceeds of $5,037,500. The shares will be subject to a four month
hold period which will expire on April 15, 2008.
    Comaplex anticipates it will use the net proceeds of the offering to fund
further exploration of its Meliadine property in Nunavut, Canada.

    Comaplex is a junior resource company that is in the advanced exploration
stage in relation to its Meliadine property. In addition, Comaplex also has
exploration properties associated with precious metals, base metals and
diamonds in Canada and internationally.

    The securities offered have not been 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 the registration
requirements. This press release shall not constitute an offer to sell or the
solicitation of an offer to buy nor shall there be any sale of the securities
in any State in which such offer, solicitation or sale would be unlawful.

    %SEDAR: 00001166E




For further information:

For further information: George F. Fink, President and CEO, (403)
265-2846; or Mark J. Balog, Chief Operating Officer, (403) 265-2846,
www.comaplex.com

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COMAPLEX MINERALS CORP.

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