MMI Messina Minerals Inc.

Messina Minerals Inc. (TSX VENTURE:MMI) ("Messina" or the "Company") has
received approval from the TSX Venture Exchange to implement the share
consolidation of the issued and fully paid common shares of the Company on the
basis of five (5) pre-consolidation common shares for one (1) post-consolidation
common share effective at the opening of the market on February 20, 2013. No
fractional shares will be issued in connection with the consolidation and any
fractional shares resulting from the consolidation will be eliminated.


The Company currently has 62,915,810 common shares outstanding and, following
the share consolidation on a one for five basis, will have 12,583,162 shares
outstanding. There will be no name change in conjunction with the share
consolidation. The change in the number of issued and outstanding common shares
that will result from the share consolidation will not materially affect any
shareholder's percentage ownership in Messina, although such ownership would be
represented by a smaller number of common shares.


The Company currently has 3,900,000 outstanding share purchase warrants of which
2,500,000 are exercisable at $0.12 per share and 1,400,000 are exercisable at
$0.10 per share. As a consequence of the share consolidation, the total number
of warrants outstanding will be 780,000 comprised of 500,000 outstanding
warrants with adjusted exercise price of $0.60 per share and 280,000 warrants
with adjusted exercise price of $0.50 per share.


The Company also has outstanding stock options to purchase up to 2,200,000
common shares of the Company issued to directors, officers, consultants and
employees of the Company. Resulting from the consolidation, the options
outstanding will be 440,000 and the exercise prices of these options will be
adjusted in accordance with the consolidation ratio.


A letter of transmittal will be sent by mail to shareholders advising that the
share consolidation has taken effect and instructing shareholders to surrender
the certificates evidencing their common shares for replacement certificates
representing the number of common shares to which they are entitled as a result
of the consolidation. Until surrendered, each certificate will be deemed for all
purposes to represent the number of common shares to which the holder thereof is
entitled as a result of the consolidation.


The shareholders of Messina approved the implementation of the proposed share
consolidation at the Company's annual general meeting held on February 23, 2012.
At a subsequent meeting of the Board of Directors of Messina approval was given
for consolidation of the issued and fully paid common shares on a 1 for 5 basis.
Further details regarding the share consolidation are contained in the Company's
Information Circular dated January 10, 2012, which has been filed under the
Company's profile on SEDAR at www.sedar.com. 


About Messina

Messina Minerals Inc. is a Canadian mineral exploration company listed on the
TSX Venture Exchange under the symbol "MMI". The Company has completed NI 43-101
complaint technical reports for zinc-lead-copper-silver-gold mineral resources
at "Boomerang", "Domino", and "Main Zone" on the Glitter Project located in
central Newfoundland, Canada.


ON BEHALF OF THE BOARD OF DIRECTORS OF MESSINA MINERALS INC.

Peter Tallman, President

FOR FURTHER INFORMATION PLEASE CONTACT: 
Messina Minerals Inc.
Peter Tallman
President
(604) 688-1508
(604) 629-7971 (FAX)
info@messinaminerals.com
www.messinaminerals.com

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