Agoracom

VAL-D’OR, QC, Hinterland Metals Inc. (TSXV:HMI) has closed a non-brokered private placement (the “Offering”) for gross proceeds of $476,880 through the sale of 1,991,000 flow through common shares (“FT Shares”) at a price of $0.18 per FT Share and 790,000 units (“Units”) at a price of $0.15 per Unit. Each Unit consists of one non-flow through common share of Hinterland and one share purchase warrant (“Warrant”). Each Warrant will entitle the holder thereof to purchase one non-flow through common share of Hinterland at a price of $0.25 per share if exercised on or before December 5, 2008 and for an additional 12 months thereafter at a price of $0.35 per share.

All securities (the “Securities”) issued under the Offering were 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 was furnished to subscribers of the Offering. The Securities issued under the Offering are subject to a hold period expiring April 6, 2007.

An agent’s commission of $26,177 was paid in cash equal to 7.5% of the gross proceeds received by Hinterland from the sale of the Securities by an eligible agent (the “Agent”). The Agent was also issued 204,900 non-transferable warrants (“Agent’s Warrants”) equal to 10% of the gross proceeds received by Hinterland from the sale of the Securities by the Agent. For the FT shares sold, each of the 138,900 Agent’s Warrants will entitle the holder thereof to acquire one common share of Hinterland $0.18 per share on or before December 5, 2008. For the Units sold, each of the 66,000 Agent’s Warrants will entitle the holder thereof to acquire one common share of Hinterland $0.15 per share on or before December 5, 2008.

The proceeds from the Offering 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 to be added to the investor e-mail list in order to receive all future press releases and updates in real time.

For more information please contact:

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

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.