Anglo Swiss Resources Inc.
TSX VENTURE : ASW
OTC Bulletin Board : ASWRF
BERLIN : AMO

Anglo Swiss Resources Inc.

December 21, 2007 20:28 ET

Anglo Swiss Shareholders Exercise Warrants

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 21, 2007) - Anglo Swiss Resources Inc. ("Anglo Swiss") (TSX VENTURE:ASW)(OTCBB:ASWRF)(BERLIN:AMO) announced today that it has issued the following shares through the exercise of warrants and options in the month of November, 2007.

- 750,000 FT shares for proceeds of $112,500, warrants exercised.

- 665,940 shares for proceeds of $146,506.80, warrants exercised.

- 276,642 shares for proceeds of $27,664.20, agent options exercised.

In total Anglo Swiss has issued 1,692,582 shares for proceeds of $286,671 in November of 2007. The Company has significantly increased its working capital in the fourth quarter of 2007 through the exercise of warrants in October, November and December, plus the recently announced private placement of $4.3 million.

Anglo Swiss is now well financed through fiscal 2008 with funds on hand for extensive exploration of its properties and significant working capital for general and administrative purposes.

About Anglo Swiss

Anglo Swiss is a mineral exploration company focused on creating shareholder value through the acquisition and development of quality precious/base metal and gemstone properties that have undiscovered resource potential. The company is actively exploring and drilling its 100% owned, advanced staged Kenville Gold Property located in southeastern British Columbia with the goal of developing a world-class porphyry copper and gold deposit. The company is also in the process of exploring a diamondiferous bearing kimberlite property, known as the Fry Inlet Diamond Property, located in the Lac de Gras region of Canada's Northwest Territories in which it has the right to earn up to a 60% interest pursuant to an option and joint venture agreement with New Shoshoni Ventures Ltd.

For further information, investors are asked to visit the Anglo Swiss Resources Investor Relations Hub at www.agoracom.com/IR/AngloSwiss or email to ASW@agoracom.com.

Reader Advisory: The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Anglo Swiss Resources Inc.
    Len Danard
    President and Chief Executive Officer
    (604) 683-0484
    (604) 683-7497 (FAX)
    Email: info@anglo-swiss.com
    Website: www.anglo-swiss.com
    or
    The Howard Group Inc.
    Jeff Walker
    Investor Relations - Canada
    Toll Free: 1-888-221-0915
    or
    The Howard Group Inc.
    Grant Howard
    Investor Relations - Canada
    Toll Free: 1-888-221-0915
    Website: www.howardgroupinc.com
    or
    Investor Awareness Inc.
    Tony Schor
    Investor Relations - United States
    1-847-945-2222
    or
    Investor Awareness Inc.
    Jim Foy
    Investor Relations - United States
    1-847-945-2222
    Website: www.investorawareness.com