Mr. Jason Gigliotti reports

MAKENITA ANNOUNCES A FLOW-THROUGH PRIVATE PLACEMENT

Makenita Resources Inc. has arranged a non-brokered flow-through private placement to raise $100,000 at a price of 10 cents per flow-through share. No warrants will be issued, and no finders' fees will be paid. Proceeds from the sale of the FT shares will be used on the company's existing projects in Canada.

The FT shares issued in connection with the financing will be subject to a statutory hold period expiring four months and one day after closing of the financing.

About Makenita Resources Inc.

Makenita currently has several projects located in Canada. The Sisson West tungsten project consists of approximately 9,400 contiguous acres prospective for tungsten, located in New Brunswick, directly bordering Northcliff Resources Ltd.'s Sisson tungsten mine. Makenita also has the approximately 9,000-acre NTX rare earth project in Quebec prospective for rare earths. Lastly, Makenita has the 5,542-acre Hector property, which is in the vicinity of the town of Cobalt, Ont., which is prospective for cobalt, silver and diamonds.

We seek Safe Harbor.