Placing

Landore Resources Limited
08 April 2008


                           Landore Resources Limited
                          ('Landore' or the 'Company')

                          Placing to raise £2 million


Landore, the Canadian mining explorer, today announces that it has raised
£2,001,300 net of expenses through a placing of 13,342,000 new ordinary shares
of 1p each in the Company ('Placing Shares') at a placing price of 15p per share
to finance working capital and exploration expenditure.

Application will be made for the admission of the Placing Shares to trading on
AIM. The Placing Shares will rank pari passu with existing ordinary shares and
it is expected that admission will occur at 8.00 a.m. on 16 April 2008.

Following admission of the Placing Shares, the total number of voting rights in
the Company's ordinary shares will be 140,599,323, which may be used by
shareholders as the denominator for the calculations by which they will
determine if they are required to notify their interest in, or a change to their
interest in, Landore under the Financial Service Authority's Disclosure and
Transparency Rules.


Enquiries:

Bill Humphries / Richard Prickett
Landore Resources Limited
Tel: [phone]
Tel: [phone]

Simon Raggett / Angela Peace
Strand Partners Limited
Tel: [phone]

David Bick
Tel: [phone]



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