Wade Dawe News Release Related to Acquisition of Common Shares of E-Tech Resources Inc.

E-Tech Resources Inc. (TSXV: REE) (FSE: K2I) ("E-Tech" or the "Company") is pleased to announce the engagement of Gecko Namibia (Pty) Ltd. ("Gecko") and Flightec Namibia ("Flightec") to support ongoing exploration and development activities on its 100% owned Eureka project.

E-Tech has evaluated the results of the current exploration program and is now expanding its activities to include a Phase 1 Ultra-high resolution UAV-borne magnetic survey. This survey is planned to be conducted by Flightec later this year.

E-Tech Resources Inc. (TSXV: REE) (FSE: K2i) ("E-Tech" or the "Company"), a rare earth element exploration and development company which owns 100% of the Eureka Project in Namibia (the "Project"), is pleased to announce that it has signed a Memorandum of Understanding ("MOU") with Novamera Inc. ("Novamera") to evaluate the use of surgical mining and Novamera's technologies as the extraction method for the Project. The MOU sets out a series of milestones that include a conceptual surgical mining economic desktop evaluation (commencing immediately), Guidance Tool calibration activities and a bulk sample. The parties are planning to initiate these activities over the next twelve months.

E-Tech Resources Inc. (TSXV: REE) (FSE: K2I) ("E-Tech" or the "Company") is pleased to announce closing of its previously announced private placement of 11,666,667 common shares of E-Tech (each, a "Share") at $0.06 per Share for gross proceeds of $700,000 (the "Financing"). The proceeds from the private placement will be used to support the Company's ongoing exploration and operational activities.

Numus Capital Corp., a registered Exempt Market Dealer, acted as agent for the Financing. In connection with the private placement, E-Tech paid the agent cash commissions of $46,900 and 781,667 broker warrants. Each broker warrant entitles the holder to acquire one Share at an exercise price of $0.06 and is exercisable for a period of 24 months from closing.

E-Tech Resources Inc. (TSXV: REE) (FSE: K2I) ("E-Tech" or the "Company") is pleased to announce that it has increased its previously announced private placement of $500,000 of common shares of E-Tech (each, a "Share") at $0.06 per Share up to $700,000 (the "Financing"). Under the increased Financing terms, E-Tech will now offer subscribers up to 11,666,667 Shares at $0.06 per Share. The proceeds from the private placement will be used to support the Company's ongoing exploration and operational activities.

To facilitate the Financing, E-Tech has entered into an agreement with Numus Capital Corp., a registered Exempt Market Dealer, to act as agent for the Financing. E-Tech has agreed to pay to the agent a cash fee equal to 7% of proceeds raised from investors introduced by the agent, except on subscriptions received from directors, officers, and employees of E-Tech, and to issue compensation warrants entitling the agent to purchase that number of Shares as is equal to seven percent (7%) of the Shares sold to investors introduced by the agent, except on subscriptions received from directors, officers, and employees of E-Tech. Each compensation warrant will be exercisable into a Share of E-Tech at $0.06 per share for a period of 24 months from closing.

E-Tech Resources Inc. (TSXV: REE) (FSE: K2I) ("E-Tech" or the "Company") is pleased to announce that it plans to raise up to $500,000 through a private placement (the "Financing") of up to 8,333,334 shares of E-Tech (each, a "Share") at $0.06 per Share. The proceeds from the private placement will be used to support the Company's ongoing exploration and operational activities.

To facilitate the Financing, E-Tech has entered into an agreement with Numus Capital Corp., a registered Exempt Market Dealer, to act as agent for the Financing. E-Tech has agreed to pay to the agent a cash fee equal to 7% of proceeds raised from investors introduced by the agent, except on subscriptions received from directors, officers, and employees of E-Tech, and to issue compensation warrants entitling the agent to purchase that number of Shares as is equal to seven percent (7%) of the Shares sold to investors introduced by the agent, except on subscriptions received from directors, officers, and employees of E-Tech. Each compensation warrant will be exercisable into a Share of E-Tech at $0.06 per share for a period of 24 months from closing.