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Cooper Closes Namura Acquisition

VANCOUVER, January 5, 2007 -
Further to Cooper Minerals Inc.'s news release in Stockwatch dated July 25, 2006, the company has closed its transaction with the shareholders of Namura Finland Oy to acquire a 100-per-cent interest in the capital stock of Namura and the company has issued six million shares at a deemed price of 34 cents per share. In respect of any shares issued or issuable pursuant to the foregoing securities, a hold period with an expiry date of May 3, 2007, applies.

We seek Safe Harbor.

On behalf of the Board of Directors
Cooper Minerals Inc.

Simon Tam, Director

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

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