Fjordland Exploration Inc. (TSX VENTURE:FEX) announces it intends to raise
approximately $200,000 for exploration in British Columbia. The capital raise
will consist of a non-brokered private placement of flow-through units ("FT
Units").


The FT Units will comprise approximately 2,500,000 FT Units at $0.08 per FT
Unit. Each FT Unit will consist of one common share and one share purchase
warrant. Each share purchase warrant will entitle the holder to purchase one
common share at a price of $0.15 for one year following the closing.


Finder's fees of 6% of the FT Units sold may be payable in cash or common shares
on a portion of the financing. The private placement is subject to regulatory
approval.


About Fjordland Exploration Inc.

Fjordland Exploration is a mineral exploration company focused on the discovery
of gold, copper and molybdenum deposits in British Columbia. Fjordland currently
has a portfolio with 38 properties. It has a 51% interest in 7 properties known
as "Tak" totaling 55,654 ha in the Woodjam area of central BC. Fjordland has a
51% interest in two properties known as "Milligan" totaling 2,192 ha, adjoining
Thompson Creek Metals Company Inc.'s Mt. Milligan copper-gold deposits on the
west. Capstone Mining Corp. owns a 49% interest in the combined Tak-Milligan
Project. Fjordland and Serengeti Resources Inc. are 37%/63% partners exploring
13 properties (QUEST Project) totaling 50,170 ha in the Quesnel Terrane north of
Woodjam for precious and base metals. Six of the QUEST properties (totaling
27,690 ha) have been optioned to Xstrata Copper; the QUEST JV owns 100% of the
remaining 7 properties totaling 22,480 ha. Fjordland has a 100% interest in 8
properties totaling 60,047 ha in the Iron Range area and has an option agreement
on 7 properties totaling 21,222 ha with Kootenay Gold Inc. in southeastern BC.
Fjordland has an option to acquire a 100% interest in the Dillard copper and
gold property, north of Princeton. Fjordland's shares trade on the TSX Venture
Exchange under the symbol "FEX". For more information visit Fjordland's website
at www.fjordlandex.com.


On behalf of the Board of Directors

Tom Schroeter, President & CEO

Fjordland Exploration (TSXV:FEX)
Historical Stock Chart
From Oct 2024 to Nov 2024 Click Here for more Fjordland Exploration Charts.
Fjordland Exploration (TSXV:FEX)
Historical Stock Chart
From Nov 2023 to Nov 2024 Click Here for more Fjordland Exploration Charts.