Mr. Alexander Horsley reports

EMPEROR ANNOUNCES PRIVATE PLACEMENT

Emperor Metals Inc. proposes to complete a non-brokered private placement financing of up to 15,144,400 units at a price of 10 cents per unit for gross proceeds of up to $1,514,440. Each unit will consist of one common share and one share purchase warrant. Each whole warrant will entitle the holder to purchase one additional common share of the company at an exercise price of 20 cents for a period of two years from the date or dates of closing of the offering.

The gross proceeds from the sale of the units will be utilized to finance exploration and development of the company's Duquesne West gold project and for general working capital.

The company may pay finders' fees to arm's-length finders in connection with this placement, which is expected to be up to 7 per cent of the gross proceeds raised by such finder, in cash, and non-transferable share purchase warrants to acquire common shares of the company of up to 7 per cent of the number of units sold to a purchaser or purchasers introduced by the finder(s), and exercisable by the finder(s) at 20 cents per share for a period of up to two years from a closing date. The terms of the offering are subject to notice to the Canadian Securities Exchange, and any finders' fees payable will be issued in accordance with the policies of the CSE and applicable securities laws.

About Emperor Metals Inc.

Emperor is an innovative Canadian mineral exploration company focused on developing high-quality gold properties situated in the Canadian Shield.

We seek Safe Harbor.