The Private placement will comprise up to 10,000,000 units at a price if $0.35 per unit. Each unit will consist of one common share and one half one common share purchase warrant.� Each whole share purchase will be exercisable into one common share at a price of $0.40 for a period of two years from closing.� The agent will be paid a cash fee equal to 7.5 percent of the gross proceeds raised in the offering.� The agent will also receive agent warrants entitling it to purchase common shares which is equal to 10.0 percent of the offering at an exercise price of $0.40 for a period of two years.

The Agents may elect to increase the offering to an additional $1,050,000 (3,000,000 units).

The units and the agent warrants will be subject to a hold period of four months plus one day from the closing date.� The gross proceeds from the sale of the units shall be used for gold and base metal exploration on the company�s projects and working capital.
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The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. The Company�s Shares are listed on the TSX Venture Exchange and trade under the symbol �EVR�.

For more information, please contact

Andr� Audet - Chairman and CEO
- [email protected]
Tel: 613 241-2332� Fax: 613 241 6005
www.evertonresources.com

or

Dwane Brosseau -Manager of Investor Relations
- [email protected]
Tel: 604 662 4955� Fax: 604 662 4988

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