Mr. Allen Wilson reports

BULLET EXPLORATION INC. ANNOUNCES DIRECTOR APPOINTMENT

Anthony Paterson has joined Bullet Exploration Inc.'s board of directors.

Mr. Paterson has significant experience in the venture capital and private equity markets as a strategic investor, builder and operator. Mr. Mr. Paterson has participated in a multitude of financing engagements and has been instrumental in formulating seed financings for numerous public companies in the mining and resource sector. Additionally, Mr. Paterson has directly participated in raising over $50-million of growth capital in the private sector. His recent successes include being a significant partner in the bridge loan and go-public financing for Toronto Stock Exchange listed Prime Mining Corp.

Commenting on his board appointment, Mr. Paterson noted: "With continued buoyancy in the price of gold bullion and having recently completed on the acquisition of the Jefferson project in a prolific gold-bearing region of Nevada, I am excited to work with the company at this important time in its life cycle."

In order to facilitate the foregoing appointment, Robert Meister has resigned his position on the board of directors. The company thanks Mr. Meister for his service and wishes him well in his future endeavours.