Hinterland arranges $1 Million Financing

    Shares Issued 37,257,201

    VAL d'OR, QC, March 26 /CNW/ - Hinterland Metals Inc. (TSXV:HMI) has
arranged a non-brokered private placement for gross proceeds of up to
$1,000,000 through the sale of 5,000,000 units (the "Units") at a price of
$0.20 per Unit. Each Unit will consist of one common share of Hinterland and
one share purchase warrant (the "Warrant"). Each Warrant will entitle the
holder thereof to purchase one common share of Hinterland at a price of $0.30
per share if exercised on or before 12 months from closing and for an
additional 12 months thereafter at a price of $0.40 per share.
    The Units are being offered pursuant to exemptions from the prospectus
and registration requirements of applicable securities laws, subject to the
receipt of necessary regulatory approvals. No offering memorandum or other
offering document will be furnished to subscribers of the Units. The closing
is expected to occur before March 30, 2007. All securities issued pursuant to
the private placement shall be subject to a hold period of four months and one
day from closing.
    An agent's commission will be paid in cash equal to 8% and in
non-transferable warrants ("Agent's Warrants") equal to 10% of the gross
proceeds received by Hinterland from the sale of Units by eligible agents.
Each Agent's Warrant will entitle the holder thereof to acquire one common
share of Hinterland $0.30 per share on or before 12 months from closing. The
proceeds from this private placement will be used by Hinterland to advance its
exploration projects in Canada and for general working capital.
    Investors are invited to visit the Hinterland IR Hub at
www.agoracom.com/IR/Hinterland where they can post questions and receive
answers or review questions and answers already posted by other investors.
Alternatively, investors are able to e-mail all questions and correspondence
to HMI@agoracom.com where they can also request addition to the investor
e-mail list to receive all future press releases and updates in real time.

    The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release. This release contains forward-looking statements
reflecting the Company's objectives, estimates and expectations for its
projects. These statements are identified by the use of verbs such as
"estimate", "believe", "anticipate", "intend", "expect", "plan", "may",
"should", "will", and the negative thereof or other variations thereon or
comparable terminology. By their very nature, these types of statements
involve risk and uncertainty. Consequently, results could differ materially
from the Company's projections or expectations.

For further information:

For further information: Mark Fekete, President at Toll Free
1-877-874-8182, E-mail: info@hinterlandmetals.com, Website:

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