Mr. Mirsad Jakubovic reports

STROUD RESOURCES LTD. ANNOUNCES PRIVATE PLACEMENT

Stroud Resources Ltd. has arranged a non-brokered private placement to raise up to $1.5-million.

The company proposes to issue convertible debentures for gross proceeds of up to $1.5-million. The convertible debentures bear interest of 14 per cent and mature 90 days from issue. On maturity, the convertible debentures convert to units at 10 cents per unit. Each unit will comprise one common share and one common share purchase warrant, with each warrant exercisable into one common share at a price of 10 cents for a period of three years from closing.

If, over a period of 20 consecutive trading days on the TSX Venture Exchange, the closing price of the company's common shares on the exchange is at or exceeds 30 cents, then the company may, at its option, provide written notice to the holder requiring that these warrants be exercised within 30 days of the date of the notice, failing which these warrants shall immediately thereafter expire, and then the expiry time shall be accelerated to 5 p.m. Toronto time on the 30th day following receipt of the notice by the holder.

All securities will be subject to a four-month hold period from the closing date. The private placement is subject to the approval of the TSX-V.

Proceeds raised through the issue of units will be used for general working capital purposes.

About Stroud Resources Ltd.

Stroud is a TSX Venture Exchange-listed company (SDR) focused on the exploration and development of its Santo Domingo epithermal silver project in central Mexico.

We seek Safe Harbor.