Fortune River Closes C$2.1 Million Non-Brokered Private Placement

Mon Apr 28, 11:47 AM

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 28, 2008) - Fortune River Resource Corp.(TSX VENTURE: FRX.V)(FRANKFURT:RG7A) reported today that the company has now closed the previously reported (Mar.7/08) non-brokered Unit Offering with gross proceeds of C$2,106,300.

The Unit Offering consisted of 6,018,000 units at a price of $0.35 per unit, with each unit comprised of one common share and one-half non-transferable share purchase warrant. Each full warrant is exercisable for a period of 24 months to purchase one additional common share at a price of $0.40 per share.

All the securities issued pursuant to the Unit Offering, including common shares, share purchase warrants and warrants issued as finders fees, carry a legend restricting the securities from trading for a period of four months up to August 29th, 2008.

On behalf of the Board,

Joseph Anthony Kizis, Jr. President

Fortune River Resource Corp.

We seek safe harbor.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the contents of this news release, which has been prepared by management.

Contacts

Jay Oness
Fortune River Resource Corp.
(604) 641-2771
Email: corpdev@mnxltd.com
Website: www.fortuneriver.ca