Mantis appoints Dan T. Gosselin to the Board of Directors

TORONTO , Oct. 26 /CNW/ - Mantis Mineral Corp ('Mantis'--CNSX 'MYN') is pleased to announce today the appointment of Dan T Gosselin to the Board of Directors.

Dan has held senior global management positions with International and Domestic firms including CIBC World Markets, Merrill Lynch Canada and Blackmont Capital. He was also a member of Midland Walwyn's Executive Committee prior to the Merrill Lynch acquisition. Throughout his career, he has been exposed to all facets of the Financial Service Industry including Fixed Income & Equity Trading and Sales, Investment Banking, Wealth Management and Investment Management. At Blackmont Capital he was a senior member of the Wealth Management Group and was the Managing Director of the Public Venture Capital Group responsible for servicing the Junior Issuer market. Recently, he has been consulting with a Middle East based Investment Bank. Mr. Gosselin has a strong corporate strategic leadership background, a very good understanding of both the Public and Private markets and has an in-depth knowledge of the Retail and Institutional buy-side. Mr. Gosselin holds a Bachelor of Science degree from the State University of New York at Plattsburgh and also holds a Master of Business Administration (MBA) degree from McGill University. Outside roles of note include being a member of the 1980 Lake Placid Olympic Organizing Committee, a member of the IIROC (IDA) Capital Markets Committee and played US College Hockey.

Mantis has entered into a three month agreement (the 'agreement') through its wholly owned subsidiary Mantis Explorations Inc., with Mr. Gosselin whereby he will assume all public and investor relations duties for Mantis. Under the agreement Mr. Gosselin will receive $10,000 monthly payable in cash and common shares of Mantis. The common shares will be subject to a four-month regulatory hold. Additionally, for becoming a director, Mantis has granted Mr. Gosselin options to acquire up to an aggregate of 250,000 common shares of the Company, pursuant to its stock option plan. Each of the options is exercisable for a five-year term expiring on October 26, 2014 , at an exercise price of $0.05 per common share. The issuance of these options is subject to regulatory and CNSX approval.

About Mantis Mineral Corp.

Mantis Mineral Corp. is a Canadian based resource and exploration company traded publicly under the symbol MYN on the CNSX. Mantis is focused on creating shareholder value through the exploration and development of its suite of strategically located, high-impact Canadian exploration projects including being involved in three major area plays.

    
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For further information: Mr. Robin Ross, Chairman & CEO: [phone], [email protected]; Or visit our corporate website at www.mantismineralcorp.com