Apoquindo Minerals Announces Exercise of Warrants at Cdn$0.75

VANCOUVER, BRITISH COLUMBIA, Nov 09 (MARKET WIRE) --
Apoquindo Minerals Inc. (TSX VENTURE: AQM)(BVLAC: AQM) is pleased to
announce that 1,057,500 warrants were exercised at a price of $0.75
providing the company with proceeds of Cdn$793,125; the remaining
1,598,825 warrants are now exercisable at a price of Cdn$1 and will
expire October 31, 2010.

"The exercise of these warrants demonstrates the continued strong
shareholder support for the company's projects and management.

The private placement that gave rise to these warrants was done at the
bottom of the financial crisis in October 2008 when shareholders chose to
support the company.

It was during this financial crisis that, Juan Villarzu, the Company's
Chairman, and former President of Codelco, the world's largest copper
company, foresaw copper reaching US$3.00 in 2010. With future copper
fundamentals so strong, management seized the moment to build its project
portfolio and is now focused on increasing the Company's share value
through the development of Zafranal, the Copper-Gold porphyry project in
Southern Peru, and through its interest in the Antakena Copper Oxide
Joint Venture project in Northern Chile." stated Stephanie Ashton, Chief
Financial Officer of the Company.

ON BEHALF OF THE BOARD OF DIRECTORS

Bruce Turner, President and CEO

ABOUT APOQUINDO

ABOUT APOQUINDO: The Company is a Canadian based mineral exploration
company whose principal purpose is the acquisition and development of
base metal deposits in South America. The Company has two projects in
Peru through its wholly owned Peruvian subsidiary, Minera Koritambo SAC:
the Zafranal Copper-Gold Porphyry Project (recently optioned from Teck
Resources Limited's Peruvian subsidiary, Teck Cominco Peru S.A.), located
in the Paleocene Southern Peru Cu-Porphyry Belt, in the department of
Arequipa, Peru and the Pachagon Porphyry Copper Project, located in the
department of La Libertad, Peru. In Chile, the Company has a joint
venture, Antakena Mining, with Minera S.A. to advance the Apoquindo
Copper Oxide Project comprised of highly prospective leachable copper
deposits under option located in a historic mining district in the
Antofagasta Region's Coastal Range. Please refer to
www.apoquindominerals.com for further information regarding the Company
and its projects.

Management and directors have extensive experience working for the
world's largest mining companies as well as several junior exploration
companies. Apoquindo Minerals has offices in Santiago, Chile, Lima, Peru
and Vancouver, Canada.

APOQUINDO MINERALS INC.: This news release may contain forward-looking
information including but not limited to comments regarding the timing
and content of upcoming financings, work programs, geological
interpretations, receipt of property titles, potential mineral recovery
processes, etc. Forward-looking information includes disclosure regarding
possible future events, or conditions or results of operations that is
based on assumptions about future economic conditions and courses of
action, and therefore, involves inherent risks and uncertainties.
Although management has a reasonable basis for the conclusions drawn,
actual results may differ materially from those currently anticipated in
such statements.

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.

Contacts:
Apoquindo Minerals Inc.
Stephanie Ashton
Chief Financial Officer
+562-231-5780
+562-321-9070 (FAX)
info@apoquindominerals.com
www.apoquindominerals.com

Kin Communications Inc
Arlen Hansen
Local: 604-684-6730
Toll Free: 1-866-684-6730
(604) 684-6730; (604) 684-6740 (FAX)
ir@kincommunications.com

Copyright 2009, Market Wire, All rights reserved.

-0-