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Warrants Alert

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Address: 2850 - 130 King St W
Toronto ON M5X 1A4
Phone: 888 246 6656
Fax: 416 364 1330

Warrant Symbol - MMP.WT
Number Trading - 9.71 million
Expiration Date - July 23, 2010
Cusip - 740173 12 5
Exercise Price - $7.42

Warrants called to trade news:

Precious Metals to list 9.71 million warrants

2010-03-24 16:27 MT - Warrants Called to Trade
TSX bulletin 2010-0349
Holders of redeemable, transferrable units (symbol: MMP.UN) of Precious Metals and Mining Trust of record as of the close of business on March 30, 2010, will be issued warrants, on the basis of one whole warrant for each unit held. Each warrant entitles the holder to purchase one unit at a price of $7.42 per unit prior to 4 p.m. (Toronto time) on July 23, 2010. The warrants may be exercised commencing on March 31, 2010. Warrants not exercised by the expiry time will be void and of no value.

The units of the trust will commence trading on an ex distribution basis at the opening on Friday, March 26, 2010, at which time up to 9,717,733 warrants will be posted for trading on a when-issued basis, under the following trading information:

Symbol: MMP.WT
Cusip: 740173 12 5
Trading currency: Canadian
Designated market-maker: Jitney Trade Inc.
Other markets: None

Additional information on the warrant offering may be found in the trust's short-form prospectus dated March 15, 2010, which is available at SEDAR. Capitalized terms used but not otherwise defined are as defined in the prospectus.

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