Ditem Explorations (TSX VENTURE:DIT)(FRANKFURT:D8X) is pleased to announce that
it has closed the final tranche of the $820,000 brokered flow-through private
placement for an amount of $250,000 equal to 3,125,000 Units. This second
tranche follows the initial closing of $570,000 announced on Tuesday the 15th of
December.


The entire private placement ("the Offering") consists of 10,250,000
Flow-Through Units ("Flow-Through Unit") at a price of $0.08 per Flow-Through
Unit. Each Flow-Through Unit consists of one flow-through common share and
one-half of one share purchase warrant, with each whole warrant entitling the
holder to purchase one common share of Ditem at a price of $0.135 per share for
a period of twelve months from the date of closing.


All securities issued pursuant to the Offering shall be subject to a hold period
of four months from the date of closing. For this second and final tranche, a
commission equal to 9% of the gross proceeds, as well as compensation options
entitling the holders to subscribe for such number of units equal to 5% of the
number of shares issued under the offering, at a price of $0.08 per share, was
paid by Ditem Explorations to the agent, Industrial Alliance.


The proceeds from this second and final tranche of Flow-Through Shares will be
used to finance admissible exploration work in Quebec.


Ditem Explorations is a uranium exploration and development Company with
properties in the Athabasca Basin in Saskatchewan (Beartooth Island and Cree
Lake) and the Otish Basin (Otish Uranium) in Quebec. The Company has also
completed drilling programs on the Beartooth Island and Otish Uranium
properties. Other exploration programs are also being developed. Existing
properties and general information may be viewed on the Company's website at
www.ditem.com which will be updated shortly.