CHX Charger Energy Corp

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Cash Minerals Ltd. ("Cash Minerals") (TSX VENTURE:CHX) and Dynamite Resources
Ltd. ("Dynamite") (TSX VENTURE:DNR) today announced that it has entered into a
letter agreement (the "Letter Agreement") with Dynamite Resources Ltd. to
acquire a 100% interest in the Mike Lake property located in Yukon Territory and
an indirect 100% interest in the Kokomeren, Barskaun, Arabelsu and Moldatau
properties located in the Kyrgyz Republic (the "Acqusition").


The Mike Lake property consists of 319 mining claims covering an area of
approximately 68 square kilometres located in the Tintina Gold Belt, Yukon
Territory (the "Mike Lake Property"). The Kokomeren, Barskaun, Arabeslsu and
Moldatu properties (collectively the "Kyrgyz Properties") represent four mineral
licences located in the Kyrgyz Republic. The Kyrgyz Properties are indirectly
held by a wholly-owned subsidiary of Dynamite, Tau Mining Limited (UK) ("Tau
Mining").


Pursuant to the terms of the Letter Agreement, Cash Minerals will acquire the
Mike Lake Property and all of the issued and outstanding common shares of Tau
Mining and in consideration thereof shall issue 22,750,000 common shares of Cash
Minerals (the "Cash Shares") and 11,375,000 Cash Minerals share purchase
warrants (each a "Warrant") to Dynamite. Each Warrant shall entitle the holder
thereof to acquire one Cash Share at a price of $0.10 for a period of 24 months,
subject to the receipt of all necessary regulatory approvals. Pursuant to the
terms of the Letter Agreement, the parties shall enter into a definitive
agreement with respect to the Acquisition.


President and Chief Executive Officer of Cash Minerals, Mr. Greg Duras
commented, "We believe this an excellent opportunity for Cash Minerals to
acquire additional prospective properties and most notably to expand our current
interests in the Yukon."


David Argyle, the President and Chief Executive Officer of Dynamite, stated, "We
have agreed to sell these properties in the context of our business combination
with Avion Resources and our focus on commencing production at the Segala gold
mine in Mali. To provide our shareholders with continued exposure to the
exploration potential of the Mike Lake Property and the Krygyz Properties, we
intend to distribute the Cash Minerals securities to be obtained on the sale of
these properties to our current shareholders on a pro rata basis as part of the
plan of arrangement with Avion Resources."


The Acquisition is a Non-Arm's Length Transaction for the purposes of the TSX
Venture Exchange as Cash Minerals and Dynamite have a common director, Stan
Bharti, and a common officer, Patrick Gleeson, who is the Corporate Secretary of
both companies. Due to the non-arm's length nature of the Acquisition, Cash
Minerals formed a special committee of independent directors (the "Special
Committee") to review and, if considered appropriate, approve the entering into
of the Letter Agreement. On March 6, 2009, the Special Committee unanimously
approved the entering into of the Letter Agreement.


About Cash Minerals

Cash Minerals is a Canadian-based energy company focused on uranium and coal
exploration.


About Dynamite Resources

Dynamite Resources is a Canadian mineral exploration and development company
that holds property interests in Yukon Territory, Mali and Krygyz Republic. The
Mike Lake gold-copper project is located in the prospective Tintina Gold Belt,
Yukon and is situated 25 km north of the former Brewery Creek gold mine and 70
km northeast of the Klondike Goldfields. Dynamite Resources also holds a 50%
interest in the Segala gold project in Mali, which is expected to commence
production in 2009 at an annualized rate of 56,000 ounces of gold per year.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.


Completion of the Acquisition is subject to a number of conditions, including
TSX Venture Exchange acceptance.


Forward-Looking Statement

Cautionary Note Regarding Forward-Looking Information - This press release
contains "forward looking information" within the meaning of applicable Canadian
securities legislation. Forward looking information includes, but is not limited
to, statements with respect to the future financial or operating performance of
the Company and Tau Mining and its projects, the Mike Lake Property, Tau Mining
and its projects, the terms and conditions of the proposed Acquisition,
statements regarding synergies and financial impact of the proposed Acquisition,
exploration prospects, requirements for additional capital and regulatory
approvals. Generally, forward looking information can be identified by the use
of forward-looking terminology such as "plans", "expects" or "does not expect",
"is expected", "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or variations of such
words and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking information is subject to known and unknown risks, uncertainties
and other factors that may cause the actual results, level of activity,
performance or achievements of the Company to be materially different from those
expressed or implied by such forward-looking information, including but not
limited to: general business, economic, competitive, political and social
uncertainties; the actual results of current exploration activities; timing and
availability of external financing on acceptable terms; conclusions of economic
evaluations; competition; future prices of mineral prices; failure of plant,
equipment or processes to operate as anticipated; accidents, labour disputes and
other risks of the mining industry; and, delays in obtaining governmental
approvals or required financing or in the completion of activities. Although the
Company has attempted to identify important factors that could cause actual
results to differ materially from those contained in forward-looking
information, there may be other factors that cause results not to be as
anticipated, estimated or intended. There can be no assurance that such
information will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Accordingly,
readers should not place undue reliance on forward looking information. The
Company does not undertake to update any forward-looking information, except in
accordance with applicable securities laws.

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