Fjordland Exploration Inc.

Fjordland Exploration Inc.

November 28, 2008 17:59 ET

Fjordland Closes Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 28, 2008) - Fjordland Exploration Inc. (TSX VENTURE:FEX) reports the non-brokered financing announced on October 21, 2008 has closed. A total of 3,334,000 Units at $0.05 per Unit were issued for proceeds of $166,700.

The Units consist of one common share and one-half share purchase warrant. Each whole share purchase warrant will entitle the holder to purchase one common share at a price of $0.10 for one year following the closing. The securities have a hold period and may not be traded until March 29, 2009.

No finders' fees were paid in connection with the financing.

About Fjordland Exploration Inc.

Fjordland Exploration Inc. is a mineral exploration company focused on the discovery of gold, copper and molybdenum deposits in British Columbia. Fjordland holds a 60% interest in the 48,000-hectare Woodjam copper-gold-molybdenum property in south central British Columbia, and is operator of the project; Cariboo Rose Resources Ltd. holds the remaining 40% interest. Fjordland is also the operator in a 50%-50% joint venture with Serengeti Resources Inc. on the QUEST project to explore 27 properties totaling approximately 144,000 hectares in the heart of British Columbia's under-explored Quesnel Terrane for precious and base metals. Shares of Fjordland Exploration Inc. trade on the TSX Venture Exchange under the symbol "FEX". For further information visit the Company's website at

Victor Tanaka, Director

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

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