Mr. Alistair Waddell reports

INFLECTION RESOURCES ANNOUNCES PRIVATE PLACEMENT

Inflection Resources Ltd. has proposed to undertake a non-brokered private placement to raise gross proceeds of up to $2.5-million through the sale of up to 10 million units of the company at a price of 25 cents per unit. Each unit will comprise one common share and one-half of a share purchase warrant, with each whole warrant exercisable into one further common share at a price of 40 cents for a term of 24 months. All securities issued will be subject to a statutory hold period of four months and one day.

The proceeds from the offering will be used for exploration drilling on the company's 100-per-cent-owned projects in New South Wales and the Northern Territory in Australia and for general working capital.

Finders' fees may be paid in connection with the offering in accordance with the policies of the Canadian Securities Exchange (the CSE). The offering is subject to the approval of the CSE.

Directors and officers of the company may acquire securities under the offering, which will be considered a related party transaction as defined under Multilateral Instrument 61-101. Such participation is expected to be exempt from the formal valuation and minority shareholder approval requirements of MI 61-101.

About Inflection Resources Ltd.

Inflection is a gold-copper focused mineral exploration company listed on the Canadian Securities Exchange under the symbol AUCU, on the OTCQB under the symbol AUCUF and on the Frankfurt Stock Exchange under the symbol 5FJ, with projects in New South Wales and the Northern Territory, Australia.

We seek Safe Harbor.