Everton Resources has agreed to sell via non-brokered private placements, subject to regulatory approval, 2 million units at a price of 35 cents per unit for a total of $700,000.

Each unit will consist of one common share and one half of common share purchase warrant.� Each whole share purchase will be exercisable into one common share at a price of 40 cents for a period of two years form closing.� All securities issued will be subject to a four month hold period.

The proceeds of this offering will be used to fund exploration work at Everton�s newly acquired option on four properties in James Bay, Quebec.

Everton has also retained the services of Thalassa Reg. to provide investor relations services.� Under the terms of the agreement Thalassa Reg. will receive a fee of $7,000 per month plus expenses for one year and 300,000 incentive stock options at a price of 37 cents per share and 100,000 stock options at a price of 50 cents for a period of five years.

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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

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