Fjordland Closes Tranche 1 of Financing

Fjordland Exploration Inc. (TSXV:FEX) announces the closing of a portion of the non-brokered private placement announced on July 5, 2011 for gross proceeds of $491,590.

The press release is quoted as saying:

Fjordland Exploration is a mineral exploration company focused on the discovery of gold, copper and molybdenum deposits in British Columbia. Of the 28 properties Fjordland owns, the Woodjam North and Woodjam South properties (totaling 56,150 ha) are part of the Woodjam Joint Venture between Fjordland (60%) and Cariboo Rose Resources Ltd (40%); both properties are under separate option agreements to Gold Fields Horsefly Exploration Corporation.

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