Polaris Minerals Corporation (the "Company") today announced that the Annual General and Special Meeting of Shareholders will take place on June 4, 2009 at 10:00 a.m. at the Fairmont Hotel Vancouver.

Among the orders of business will be the proposed election of a reduced number of directors of the Company and the consideration of an amended stock option plan. Details of the Meeting can be found in the Notice of Annual General and Special Meeting of Shareholders and Management Information Circular, which is being mailed today and will be available on Sedar as well as the Company's website at http://www.polarmin.com/corporate/otherreports.php

Roman Shklanka, Chairman of the Board, said: "Over the past year we have conducted an internal assessment of the Board, and have reached the conclusion that a leaner Board structure would be appropriate for the Company at this early stage of its development. In light of this finding, Gary Nordin, John Purkis and David Singleton have chosen not to stand for re-election as directors. They have been active members of the Board for many years, and on behalf of the Company, its shareholders, and my fellow directors, I would like to thank them for their guidance and contributions to the Company's success."

David Singleton's executive role is unchanged. He will remain as President of Eagle Rock Aggregates Inc. and continue to lead on the marketing of the Company's products and the development of new terminal capacity, particularly in southern California.

Polaris Minerals Corporation is exclusively focused on the development of construction aggregate quarries and marine receiving terminals on the west coast of North America to meet growing local supply deficits of construction aggregates in urban markets. In 2007, Polaris began shipping sand and gravel from the Orca Quarry to San Francisco Bay, Vancouver, and Hawaii.

For more information, please contact:
Herb Wilson, President and CEO
Or
Mike Westerlund, Director, Corporate Development
Polaris Minerals Corporation
Tel: 604-915-5000
info@polarmin.com

Cautionary Note Regarding Forward-Looking Statements

This press release contains "forward-looking statements" and "forward-looking information" within the meaning of applicable securities laws. These statements and information appear in this document and include estimates, forecasts, information and statements as to management's expectations with respect to, among other things the future financial or operating performance of the Company, costs and timing of the development of the construction aggregate quarry, the timing and amount of estimated future production, costs of production, capital and operating expenditures, requirements for additional capital, government regulation of quarrying operations, environmental risks, reclamation expenses, and title disputes. Often, but not always, forward-looking statements and information can be identified by the use of words such as "may", "will", "should", "plans", "expects", "intends", "anticipates", "believes", "budget", and "scheduled" or the negative thereof or variations thereon or similar terminology. Forward-looking statements and information are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Readers are cautioned that any such forward-looking statements and information are not guarantees and there can be no assurance that such statements and information will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed under the heading "Risk Factors" in the Company's final prospectus dated December 31, 2008 in respect of the Offering, which is filed with Canadian regulators on SEDAR (www.sedar.com). Except as required by law, the Company expressly disclaims any intention or obligation to update or revise any forward-looking statements and information whether as a result of new information, future events or otherwise. All written and oral forward-looking statements and information attributable to us or persons acting on our behalf are expressly qualified in their entirety by the foregoing cautionary statements.