Vancouver, British Columbia - (Marketwire - March 18, 2010) - This press release is not for distribution in the United States or to U.S. news agencies. Apoquindo Minerals Inc. (TSX Venture: AQM)(BVLAC: AQM) ("Apoquindo" or "the Company") is pleased to announce that it has completed a private placement offering of an aggregate of 37,575,993 units ("Units"), priced at $0.85 per Unit, for gross proceeds of $31,939,594 (the "Offering"). The private placement consisted of a brokered private placement of 27,176,470 Units for gross proceeds of $23,099,999.50, including the exercise in full of the 15% over-allotment option ("Brokered Offering") and the first tranche of a non-brokered private placement of 10,339,523 Units for gross proceeds of $8,788,594 ("Non-Brokered Offering").

Each Unit is comprised of one common share (a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each whole Warrant will entitle the holder to acquire one additional Common Share at a price of $1.00 per share for a period of 48 months following the closing of the Offering.

Casimir Capital LP acted as the agent (the "Agent") with respect to the Brokered Offering. In connection with the Brokered Offering, the Agent was paid a cash commission equal to 6% on the brokered portion of the proceeds and received 6% agent's warrants entitling the Agent to acquire common shares of the Company at a price of $1.00 per share, for a period of 48 months following the closing of the Offering.

The Company has agreed to pay finders' fees on a portion of the proceeds raised in the Non-Brokered Offering consisting of 6% in cash and 6% broker warrants to acquire common shares of the Company at a price of $1.00 per share for a period of 48 months following the closing of the Offering.

The Units are subject to a four-month hold period under applicable Canadian securities laws expiring on July 18, 2010. The net proceeds from the Offering will be principally used to advance the Zafranal porphyry Copper Gold Project located in the department of Arequipa, Peru and for working capital purposes.

The Company anticipates completing the second tranche of the Non-Brokered Offering shortly. Due to significant demand, the Company is pleased to announce that, subject to the approval of the TSX Venture Exchange, the size of the Non-Brokered Offering that was announced in its March 12, 2010 press release has been increased by 6,650,000 Units, for an increase in gross proceeds of $5,652,500.

On behalf of the Board of Directors

Bruce Turner, President and CEO

About Apoquindo: The Company is a Canadian based mineral exploration company whose principal purpose is the acquisition and development of base metaldeposits in South America. Through its wholly owned Peruvian subsidiary, Minera Koritambo SAC, the company is developing the Zafranal Copper-Gold Porphyry Project located in the Southern Peru Cu-Porphyry Belt. 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.

This press release, required by applicable Canaidian Laws, is not for distribution to U.S. news agencies or for dissemination in the United States, and does not constitute an offer of the securities described herein. These securities have not been 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.

Neither the TSX Venture Exchange nor its regulation service provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of this release.

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