Comaplex Minerals Corp.-Announces Common Share Bought Deal Financing

Thu May 15, 3:22 PM

CALGARY, ALBERTA--(Marketwire - May 15, 2008) - Comaplex Minerals Corp. ("Comaplex") (TSX: CMF.TO) has announced today that it has entered into an agreement with BMO Capital Markets, under which BMO Capital Markets has agreed to buy, on bought deal basis by way of a short form prospectus, 4,200,000 common shares (the "Common Shares"), at a price of C$5.55 per Common Share for gross proceeds of C$23,310,000. The net proceeds will be used to advance the exploration and development of the Meliadine West property in Nunavut and for general corporate purposes. The offering is expected to close on or about June 6, 2008 and is subject to Comaplex receiving all necessary regulatory approvals.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

Contacts

George F. Fink
Comaplex Minerals Corp.
President and CEO
(403) 265-2846

Mark J. Balog
Comaplex Minerals Corp.
Vice-President, Exploration
(403) 265-2846