Exploration program starts private placement closes

Supreme Resources (TSXV:SPR) reports that it has began its summer-fall exploration program on the “TAS” and “Verde” properties, Princeton, BC, Canada.

The Company has closed a non-brokered private placement financing announced on May 20, 2010, as amended June 17, 2010, by the issuance of 2,250,000 units (the “Units”) at a purchase price of $0.10 per Unit for gross proceeds of $225,000. Each Unit consists of one flow-through common share and one non-transferable share purchase warrant, each warrant entitling the holder to purchase one additional non-flow-through common share in the capital of the Company on or before July 14, 2011 at a purchase price of $0.15 per share.

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