MCM.A Matachewan Consolidated Mines Limited

Matachewan Consolidated Mines, Limited (the "Company") (TSX VENTURE:MCM.A)
announces that it has granted stock options to directors and employees of the
Company to purchase up to 620,000 common shares, in aggregate ("Common Shares")
in the capital of the Company at an exercise price of $0.35 per Common Share,
the closing price of the Common Shares on April 21, 2008, expiring on April 21,
2013. The current number of issued and outstanding Common Shares is
approximately 12,445,025. The options were granted pursuant to the Company's
incentive stock option plan (the "Plan"), under which a maximum of 1,240,000
Common Shares are reserved for issuance. Following the grant of such options, a
further 620,000 Common Shares will be available for issuance under the Plan.

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