CCM Liquidity Report: Premium Exploration, Inc. (TSX VENTURE:PEM)

Thu May 22, 1:36 PM

TORONTO, ONTARIO--(Marketwire - May 22, 2008) - 

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CRITERIA                                             21-May-08
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MKT CAP (millions)                          $             10.4
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50 DAY AVG. VOLUME                                      53,100
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50 DAY AVG. VALUE                           $        18,144.00
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50 DAY AVG. DAILY TRADES                                    20
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50 DAY AVG. DAILY TRADE VALUE               $           907.00
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% OF FLOAT TRADED                                        0.16%
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In the most recent Technical Research Report, dated May 13, 2008, the analyst stated:

"Premium Exploration Inc. (TSX VENTURE: PEM.V) is currently trading under the key 5- week modified moving average at 0.356..."

"My model shows weekly support at 0.280 with my quarterly pivot at 0.374 and monthly resistance at 0.513."

"The 50- week and 21- week moving averages provide additional resistances at 0.430 and 0.456."

In the most recent Fundamental Equity Report, dated February 20, 2008, the analyst stated:

"Financial results for PEM's third quarter and nine months of 2007 were consistent with our expectations. The Company is on-track and gaining momentum with its exploration and development activities."

"We believe PEM is particularly well-positioned among the juniors, and that PEM shareholders are likely to participate in a significant mineral discovery."

"We expect to see the Company take advantage of new opportunities particularly in Mexico, where the Mexican Government is strongly supportive of staking and acquisition activities. The Company is actively looking for acquisitions and joint ventures to add to its quality pipeline."

The Liquidity Report can be found at: http://www.baystreet.ca/articles/research_reports/ccm_research/PEM_Liquidity%20Report_May%2022%2C%202008.pdf

CCM Research is a division of Cronus Capital Markets, Inc. Cronus Capital Markets, Inc., through its CCM Corporate Advisory division, entered into a one year $42,500.00 contract with the Company to assist it with the creation and execution of information-based strategies to overcome market inefficiencies that are commonplace for the vast majority of public companies, including: share illiquidity, lack of credibility, and stagnant market capitalization.

Cronus Capital Markets(R) (CCM) is a leading capital market services firm providing services to investors, institutions, exchanges, and public companies. CCM's equity research, indexes, and ETFs receive international attention and represent important new sectors of growth.

CRONUS CAPITAL MARKETS, INC. IS THE SOLE SOURCE OF THIS PRESS RELEASE

The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.

Contacts

Peter Soni
Cronus Capital Markets
Chief Information Officer
(416) 368-3700 ext 225
Email: Peter@cronuscapitalmarkets.com