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Cooper Increases Financing To $1.5-Million

VANCOUVER, February 7, 2007 - Cooper Minerals Inc. is increasing its non-brokered private placement previously announced in Stockwatch on Feb. 2, 2007, for the sale of 1.8 million units, at a price of 50 cents per share, to three million units for a total of $1.5-million. Each unit will consist of one common share and one transferable share purchase warrant for the purchase of an additional common share of the company within 18 months from the date of closing. The exercise price for the warrant will be 65 cents per share. The funds will be used for the company's general working capital and its exploration programs. The maximum allowable finder's fee will be payable. The transaction is subject to regulatory approval.

On behalf of the Board of Directors
Cooper Minerals Inc.

Simon Tam

Director


THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY SECURITIES IN ANY JURISDICTION. "SAFE HARBOR" STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995: THIS NEWS RELEASE CONTAINS FORWARD LOOKING STATEMENTS THAT ARE NOT HISTORICAL FACTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES WHICH COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE SET FORTH IN OR IMPLIED HEREIN.

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