Placing

Landore Resources Limited
17 April 2007


                            LANDORE RESOURCES LIMITED
                               (AIM Ticker: LND.L)

   Consolidated Press Group ('CPG') Subscribes For 17.5% of Landore Resources
                              Limited ('Landore')

Landore, the Canadian mining explorer, is pleased to announce that it has agreed
to place 21,285,740 new ordinary shares of 1p each in the Company ('Placing
Shares') with CPG at a placing price of 10p per Placing Share (the 'Placing').
The Placing will raise approximately £2.1 million which will be used to finance
working capital and exploration expenditure on Landore's Junior Lake Nickel
Project.

The Placing Shares will represent approximately 17.5% of the enlarged issued
share capital of Landore and will rank pari passu with the existing ordinary
shares of 1p each in the Company.

The Placing is conditional upon passing of Resolutions 5 and 6 at Landore's
Annual General Meeting to be held on 1 May 2007. Application will be made for
admission of the Placing Shares to trading on AIM, and is expected to take place
on 2 May 2007.

Following completion of the Placing there will be 121,632,798 ordinary shares of
1p each in issue.



For more information please contact:

Bill Humphries, Chairman Tel: [phone]
Richard Prickett, Chief Executive Tel: [phone]
Landore Resources Limited

Simon Raggett
Strand Partners Limited Tel: [phone]

David Bick Tel: [phone]




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