Vancouver, British Columbia -- May 31, 2010 - Astral Mining Corporation (AA.TSXV)("Astral" or the "Company") announces that it has completed its previously announced short form prospectus offering of 3,000,000 units (the "Units") and 2,000,000 flow-through units (the "FT Units") of the Company (the "Offering") at a price of $0.20 per Unit and $0.20 per FT Unit to raise gross proceeds of $1,000,000.

Each Unit consists of one common share and one non-transferable common share purchase warrant (a "Warrant"). Each FT Unit consists of one common share to be issued as a "flow-through share" within the meaning of the Income Tax Act (Canada) and one Warrant. Each Warrant will entitle the holder to purchase one additional common share of the Company exercisable for two years following the closing date of the Offering, at a price of $0.25 if exercised on or before May 31, 2011 and thereafter at a price of $0.35 until May 31, 2012.

Macquarie Private Wealth Inc. (the "Agent") received a cash fee equal of $100,000, being 10% of the gross proceeds raised in the Offering, a corporate finance fee of $25,000 + GST (of which $15,750 including GST was paid previously to the Agent as a non-refundable fee) and $20,000 as a reimbursement for expenses incurred by the Agent, including legal expenses of the Agent's counsel.

The Company also issued the Agent and members of its selling group an aggregate of 500,000 non-transferable share purchase warrants (the "Agent's Warrants"). Each Agent's Warrant will entitle the holder to purchase one common share of the Company exercisable for two years until May 31, 2012, at a price of $0.25 if exercised on or before May 31, 2011, and thereafter at a price of $0.35 until May 31, 2012. 

The Company intends to use the net proceeds from the Offering to eliminate the Company's working capital deficit, to fund further exploration of the Company's Jumping Josephine property in Southern British Columbia, and for general working capital purposes. 

Astral Mining Corporation is a Canadian company engaged in the exploration and development of precious metal properties in North America. By focusing on exploration in mining-friendly districts, the Company minimizes the political and social risks encountered in many other parts of the world. Further details on Astral Mining Corporation and its portfolio of exploration projects can be found at www.astralmining.com.

For further information on Astral, please contact Manfred Kurschner, President & CEO, at604-641-1315, or by email  This e-mail address is being protected from spambots. You need JavaScript enabled to view it , or visit the Company's web site atwww.astralmining.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 news release.

Cautionary Note to US Investors: This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

This press release, required by applicable Canadian laws, is not for distribution to U.S. news services or for dissemination in the United States, and does not constitute an offer to sell or a solicitation of an offer to sell any of the securities described herein in the United States. These securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States or to U.S. persons unless registered or exempt therefrom. 2010 Number 10