Further to Cougar Minerals Corp.'s news in Stockwatch of July 21, 2009, due to an

increase in demand, the company has increased its private placement offering from

seven million flow-through units at five cents per unit and seven million flow-through

shares at five cents per flow-through share to 16.34 million units and 9.35 million flowthrough

shares. The private placement will therefore now raise a total of $1,284,500 in

gross proceeds. Each unit will consist of one common share and one non-transferable

share purchase warrant, exercisable to acquire an additional share for two years at an

exercise price of five cents per share during the first year and 10 cents per share during

the second year from the date of closing. Finder's fees equal to 10 per cent of a portion

of the proceeds raised will be paid in cash to certain arm's-length finders, equal to a

total of $98,775.

The net proceeds from the financing will be used for general working capital purposes,

and for mineral exploration in Canada.