Minsud Resources Corp. Announces Resignation of Director

TSX-V: MSR

October 12, 2011

MINSUD RESOURCES CORP. ANNOUNCES RESIGNATION OF DIRECTOR

TORONTO, ONTARIO – Minsud Resources Corp. (TSX-V: MSR) (“Minsud” or the “Company”) today announced the resignation of Mr. Charles Beaudry as a director of the Company, effective October 3, 2011. The board would like to thank Mr. Beaudry for his valuable contribution to the Company.

About Minsud Resources Corp.:

Minsud is a mineral exploration company focused on exploring its flagship Chita Valley project, primarily for gold, silver and copper in San Juan Province, Argentina.

Additionally, the Company holds a portfolio of approximately 75,000 ha of 100% owned exploration properties in Patagonia. Most of the key properties held by the Company are located in mining friendly provinces like San Juan and Santa Cruz, Argentina.

FOR FURTHER INFORMATION PLEASE CONTACT

Carlos Massa

President and Chief Executive Officer Tel:+54-11-4328-4067 [email protected]

Mike Johnston

416-479-4466 [email protected]

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.