Mantra to commence trading on TSX today

PERTH, Western Australia, Nov. 19 /CNW/ - Mantra Resources Limited ('Mantra' or 'Company') (ASX: MRU, TSX: MRL) is pleased to announce that its ordinary shares will commence trading on the main board of the Toronto Stock Exchange ('TSX') on November 19, 2009 under the symbol 'MRL'.

Joint Managing Director Matthew Yates said today "The listing on the TSX is an important milestone for the Company and will provide Mantra with increased access to the larger North American capital markets. We anticipate that the TSX listing will further raise the profile and status of the Company within the global investment community."

The Company's ordinary shares will continue to be listed on the Australian Securities Exchange ('ASX') under the symbol 'MRU'. Shareholders can trade their shares on the ASX as they did prior to the TSX listing. However, prior to trading on the TSX, shareholders will need to transfer their shares onto the Canadian share registry and establish an account with an appropriate stock broker. The Company and its share registrars can provide further details on such procedures to interested shareholders.

Various documents prepared in conjunction with the Company's TSX listing, including the Company's Annual Information Form ('AIF') for the year ended June 30, 2009 and the Company's interim filings for the three months ended September 30, 2009 are available for viewing on the Canadian System for Electronic Document Analysis and Retrieval ('SEDAR') at www.sedar.com.

The Company has also filed a technical report on its Mkuju River Project titled 'NI 43-101 Technical Report on the Mkuju River Project located in Tanzania' ('Technical Report') that is compliant with National Instrument 43-101 - 'Standards of Disclosure for Mineral Projects' ('NI 43-101'). The Technical Report is dated September 18, 2009 and is available for viewing at www.sedar.com.

Forward Looking Statements

The information with respect to the listing of the ordinary shares of the Company on the TSX is "forward-looking information" that is based on the Company's expectations as of the date of this release. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's expectations to be materially different from those expressed by such forward-looking information. Forward-looking information is developed based on assumptions about such risks, uncertainties and other factors set out herein. The Company disclaims any intent or obligations to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, unless required to do so by law.

SOURCE MANTRA RESOURCES LIMITED

For further information: For further information: Robert Behets, Joint Managing Director, Telephone: +61 8 9322 6322; Matthew Yates, Joint Managing Director, Telephone: +61 8 9322 6322

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MANTRA RESOURCES LIMITED

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