Sacre-Coeur Minerals, Ltd. Closes $3.625 Million Private Placement

VANCOUVER, BC, Aug 08 (MARKET WIRE) --
SACRE-COEUR MINERALS, LTD. (TSX-V: SCM) (FRANKFURT: S5N) (the "Company")
is pleased to announce the closing of its previously announced
non-brokered private placement which has now raised gross proceeds of CAD
$3,625,000. Under the terms of the private placement, the Company has
issued 2,500,000 Units (the "Units") at CAD $1.45 per Unit to two
institutional investors, including RAB Special Situations (Master) Fund
Limited. The transaction was increased from the 2,000,000 Units
previously announced.

Each Unit consists of one common share of the Company and one-half of one
share purchase warrant (the "Warrants"). Each whole Warrant entitles the
subscriber to purchase one additional common share of the Company at an
exercise price of CAD $1.75 until August 8, 2010. The Units are subject to
a 4-month hold period expiring December 9, 2008. No commissions or
finders' fees were payable in connection with the private placement.

According to Irwin Olian, CEO of the Company, "We are gratified for the
continued support of our strong investor base, even in this rather
difficult financial environment. We particularly appreciate the investment
of RAB Special Situations (Master) Fund Limited, who took down 80% of the
placement and have been a consistent supporter of the Company since its
IPO."

About Sacre-Coeur

The Company is engaged in the acquisition, exploration and development of
properties for the potential mining of gold, metals and diamonds in South
America, initially focusing on exploration for gold on its properties in
Guyana. The Company presently has an interest in approximately 850 square
miles of mineral properties in Guyana, including the Million Mountain
Property. The Company has offices in Vancouver, Canada and Georgetown,
Guyana. More information about the Company is available at
www.scminerals.com.

ON BEHALF OF THE BOARD OF DIRECTORS OF SACRE-COEUR MINERALS, LTD.

"Irwin Olian"
Irwin Olian
Chairman & CEO

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of the
information contained herein. The statements made in this press release
may contain certain forward-looking statements that involve a number of
risks and uncertainties. Actual events or results may differ from the
Company's expectations.

Distributed by Filing Services Canada and retransmitted by Marketwire

For further information, contact:

Irwin Olian
President and CEO
Email: Email Contact
Phone: (604) 899-0100
Fax: (604) 899-0200

Lee Dunston
Corporate Communications
Email: Email Contact
Phone: (604) 899-0100
Fax: (604) 899-0200

Sacre-Coeur Minerals, Ltd.
Suite 1925, Box 11553
650 West Georgia Street
Vancouver, B.C.
V6B 4N8

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