Dominion Minerals Corp. Announces a C$4,000,000 Private Placement



    NEW YORK, Nov. 27 /CNW/ -- Dominion Minerals Corp., formally known as
Empire Minerals Corp. (Pink Sheets:   EMPL) ("Dominion Minerals" or "the
Company"), has entered into an agreement with a Canadian investment dealer to
conduct a brokered private placement of 4,000,000 Subscription Receipts for
aggregate gross proceeds of C$4,000,000.  Each Subscription Receipt will be
priced at C$1.00 and will consist of one common share and one-half of one
common share purchase warrant (each whole warrant a "Warrant") of the Company.
 Each Warrant shall be convertible into one common share at a price of C$1.25
for a period of twenty-four (24) months from the closing date.
    The Company has given the Agents a greenshoe option to increase the
offering by C$3,000,000 prior to closing on the same terms.  Dominion has
agreed to file a prospectus within 45 days of closing to clear the securities
underlying those issued under the offering.
    The Agents will receive a cash commission of 7.0% from the sale of the
Subscription Receipts, payable in cash or securities and compensation options
entitling the Agents to purchase Subscription Receipts equal to 10.0% of the
number of Subscription Receipts sold under the offering.  In addition, the
Company has agreed to pay a corporate finance fee in the amount of C$50,000.
    The net proceeds of the offering will be used to fund exploration and
development of the Cerro Chorcha Porphyry Copper Deposit in Panama, as well as
for working capital and general corporate purposes.
    The Subscription Receipts will not be registered in the United States
under the Securities Act or any state securities laws, or distributed under a
prospectus in Canada and may not be offered or sold in the United States
absent registration or an applicable exemption from the registration
requirements of the Securities Act and the prospectus requirements of
applicable Canadian securities laws.
    This press release does not and will not constitute an offer to sell or
the solicitation of an offer to buy the securities.  This press release is
being issued pursuant to and in accordance with Rule 135c under the Securities
Act.
    
    Forward-Looking Statement Disclaimer
    
    This press release includes certain statements that may be deemed
"forward-looking statements". All statements in this release, other than
statements of historical facts, that address continuing to Canada, exchange
listing application, additional financing, seeking and acquiring new projects
and gaining recognition are forward-looking statements. Factors that could
cause actual results to differ materially from those in forward-looking
statements include, but are not limited to, the market price of gold, general
economic conditions, market and business conditions, statements or information
with respect to known or unknown risks, uncertainties and other factors which
may cause the actual results, performance or achievements of the Company, or
industry results, to be materially different from any future results,
performance or achievements expressed or implied by such forward-looking
statements or information. Forward-looking statements or information are
subject to a variety of risks and uncertainties which could cause actual
events or results to differ from those reflected in the forward-looking
statements or information, including, without limitation, risks and
uncertainties relating to the Company's plans at its mineral properties, the
interpretation of drill results and the estimation of mineral resources and
reserves, the geology, grade and continuity of mineral deposits, the
possibility that future exploration, development or mining results will not be
consistent with the Company's expectations, metal recoveries, accidents,
equipment breakdowns, title matters, labor disputes or other unanticipated
difficulties with or interruptions in production and operations, the potential
for delays in exploration or development activities or the completion of
feasibility studies, the inherent uncertainty of production and cost estimates
and the potential for unexpected costs and expenses, commodity price
fluctuations, currency fluctuations, failure to obtain adequate financing on a
timely basis, the effect of hedging activities, including margin limits and
margin calls, regulatory restrictions, including environmental regulatory
restrictions and liability, the speculative nature of mineral exploration,
dilution, competition, loss of key employees. Further, there is no assurance
that the Company's application to list on the TSX Venture Exchange will be
accepted by the TSX Venture Exchange.
    Investors are cautioned that any such statements are not guarantees of
future performance and that actual results or developments may differ
materially from those projected in the forward-looking statements. In
addition, the Company's business and operations are subject to the risks set
forth in the Company's most recent Form 10-KSB, Form 10-QSB and other SEC
filings which are available through EDGAR at www.sec.gov. These are among the
primary risks we foresee at the present time. The Company assumes no
obligation to update the forward-looking statements.
    
    About Dominion Minerals Corp.
    
    Dominion Minerals Corp. is a United States based copper and gold
exploration and development company focused primarily on its Cerro Chorcha
Porphyry Copper Project located in Panama and its gold and copper/gold
ventures in China. Empire incorporated in Delaware on January 22, 2007 and
trading began February 19, 2007 on the OTC - Pink Sheets under the symbol
EMPL. The company anticipates graduating from the Pink Sheets onto the OTC
Bulletin Board in early 2008. Empire has also filed a listing application to
allow it to trade on the TSX.V. For more information please visit
http://www.dominionminerals.com
    THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OF THIS NEWS RELEASE.




For further information:

For further information: Pini Althaus, Chairman & Chief Executive
Officer,  +1-212-231-8171, or pini@dominionminerals.com

Organization Profile

DOMINION MINERALS CORP.

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EMPIRE MINERALS CORP.

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