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FMM.V ·

Full Metal Minerals Grants Stock Options

Share Capital & Compensation

FOR IMMEDIATE RELEASE September 17th, 2012 (FMM 2012 – NR #7)

Full Metal Minerals Grants Stock Options

Vancouver, BC – September 17, 2012 Full Metal Minerals Ltd. (the "Company") announces that it has granted an aggregate of 1,810,000 incentive stock options (the "Options") to directors, officers and consultants of the Company, exercisable at $.20 per share with one quarter of the amount to be vested every three months. The Options are exercisable for a period of ten years from the date of grant and are subject to the policies of the TSX Venture Exchange.

ON BEHALF OF THE BOARD OF DIRECTORS

“Michael Williams”

Michael Williams President and Director

For more information please contact:

Josh Serfass Manager, Investor Relations [email protected] 604-484-7855

Suite 1500, 409 Granville Street, Vancouver, BC V6C 1T2 Telephone: 604-484-7855 Fax: 604-484-7155 Email [email protected] www.fullmetalminerals.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Some statements in this news release contain forward-looking information. These statements include, but are not limited to, statements with respect to the completion of financings and debt settlements, the timing and amount of issuances of securities and the uses of proceeds. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. Such factors include, among others, the ability to complete contemplated financings, debt settlements and securities issuances and the uses of proceeds.