RDS Radisson Mining Resources Inc

Radisson Mining Resources Inc. (TSX VENTURE:RDS) ("Radisson") is pleased to
announce that it closed a $ 176,000 private placement for development of the
O'Brien/Kewagama project and of its new properties with phosphate potential
constituting the Lac Gouin SSO project.


In connection with this placement, Radisson issued 977,780 flow-through shares
at a price of $0.18. These shares are divided among 11 private investors. No
cash compensation is linked to the placement and the shares issued are subject
to a hold period of four months and one day. 


Radisson's management intends to pursue its business plan and use the proceeds
of this placement to initiate the metallurgical study of the O'Brien property. 


The proceeds will also be used for prospecting on the properties of Radisson's
Lac Gouin SSO phosphate project, located about 65 km southeast of Arianne
Phosphate Inc.'s Lac a Paul phosphate deposit. The properties of the Lac Gouin
SSO phosphate project are located approximately 115 km north of Lac Saint-Jean,
in the province of Quebec, and are accessible by logging roads.


WEBSITE:

For further information about Radisson Mining Resources and its projects, please
visit the Company's new website (www.radissonmining.com).


ABOUT RADISSON MINING RESOURCES:

Radisson is a Quebec-based mineral exploration company. The adjoining O'Brien
and Kewagama properties, cut by the regional Cadillac Break, are Radisson's main
asset. They contain the O'Brien Mine, which is considered to have been the
highest grade gold producer of the Abitibi Greenstone Belt when it was in
production (1,310,356 short tons at 0.448 oz/t from 1925 to 1956). The Company
is focusing exploration efforts on Zone 36 East, located approximately 2,000
feet (610 metres) east of the main shaft of the old O'Brien mine. 


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Mario Bouchard
President and CEO
819-277-6578
mbouchard@radissonmining.com


Donald Lacasse, Eng.
Vice President, CFO and Secretary-Treasurer
819-797-0606
dlacasse@radissonmining.com
www.radissonmining.com

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