18:24 EST Wednesday, November 04, 2009

TORONTO, ONTARIO--(Marketwire - Nov. 4, 2009) - Tribute Minerals Inc. (the "Company" or "Tribute") (TSX VENTURE:TBM) wishes to announce that, further to its press release issued October 9, 2009, it has settled $207,000 of debt owed to one (1) arm's length creditor for 2,300,000 Units with each Unit being comprised of one (1) common share and one-half (1/2) of a common share purchase warrant with each full warrant exercisable to purchase a further common share for $0.15 for one year. The securities issued will be restricted from trading until March 4, 2010.

FOR FURTHER INFORMATION PLEASE CONTACT:

Tribute Minerals Inc.
Ian Brodie-Brown
President and C.E.O.
(416) 368-2929
(416) 601-1450 (FAX)
info@tributeminerals.com
www.tributeminerals.com