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Friday, 12/18/2009 4:26:48 PM

Friday, December 18, 2009 4:26:48 PM

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TORONTO, ONTARIO--(Marketwire - Dec. 18, 2009) - Cash Minerals Ltd. ("Cash Minerals")(TSX VENTURE:CHX) announces that it has agreed to terminate its agreement to acquire the Agnew Lake properties (the "Transaction") from Nyah Resources Corp. ("Nyah"). The termination of the agreement between Cash Minerals and Nyah has resulted from Nyah terminating its agreement to acquire Russo-Forest Corporation ("Russo-Forest")(see Nyah press release of December 18, 2009). As Nyah has terminated its agreement with Russo-Forest, Nyah has also decided to not sell substantially all of its current assets to Cash Minerals.

As a result, Cash Minerals will not issue to Nyah an aggregate of 15,000,000 common shares and 7,500,000 share purchase warrants of
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