Mantis Mineral Corp. Receives Conditional CNQ Listing Approval



    TORONTO, June 7 /CNW/ - Mantis Mineral Corp ("Mantis" - TSX Venture
Exchange "AFC") is pleased to announce that it has received the conditional
approval of the Canadian Trading and Quotation System Inc. ("CNQ") to list the
common shares of Mantis on the CNQ. As a result, Mantis has applied to delist
its common shares from the TSX Venture Exchange upon listing on the CNQ.
Listing of the common shares is subject to compliance with all of the CNQ
requirements including receipt of all required documentation prior to trading
on the CNQ. A date for trading will be determined upon confirmation that the
conditions and requirements of the CNQ have been met.
    Further to the financing announced on May 2, 2007, Mantis is pleased to
announce that it has entered into an agreement with Integral Wealth Securities
Limited ("Integral"). In consideration for the services to be rendered by
Integral, Mantis will pay Integral a finder's fee equal to 8% of the gross
proceeds raised as well as that number of finder's warrants equal to 10% of
the number of units sold pursuant to the offering. Each finder's warrant will
entitle Integral to purchase one common share in the capital of Mantis at an
exercise price of $0.11 on or before 24 months from the closing date.

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy of this release.

    %SEDAR: 00008151E




For further information:

For further information: Mr. Robin Ross, Chairman & CEO, (416) 362-1800,
rross@mantismineralcorp.com

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Mantis Mineral Corp.

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