SOURCE: Sakha Enterprises Corporation

November 28, 2008 08:51 ET

Sakha Enterprises Corporation Hires Senior Vice President - Russian Operations

TORONTO--(Marketwire - November 28, 2008) - Sakha Enterprises Corporation (PINKSHEETS: SAKH) is pleased to announce the appointment of Nicholas Vassenine as its Senior Vice President of Russian Operations. Dr. Vassenine is a Canadian citizen and permanent resident of Canada.

He has a PhD in mining from Moscow University and he worked as an advisor of Mining Development to the government of the Russian Federation in Moscow.

Dr. Vassenine also has extensive experience in mineral exploration, mine operations, planning, project development, and geology working for different mining companies both in the Russian Federation and in Canada. Dr. Vassenine was also a Professor at St. Petersburg University and has written more than twenty scientific publications.

Dr. Vassenine is a great addition to our management team and we are very pleased that he has joined Sakha Enterprises, said Franz Dobnik, President and CEO.

Sakha Enterprises Corporation
1 First Canadian Place, Suite 350,
Toronto, Canada, M5X 1C1

Common shares outstanding: 46,000,000
Share Float: 3,000,000

In compliance with the "safe harbour" provisions of the Private Securities Litigation Reform Act of 1995, Sakha notes that statements contained in this announcement that are not historical facts may be forward-looking statements that are subject to a variety of risks and uncertainties. Accordingly, Sakha wishes to caution readers of this announcement that its future actual results may differ materially from those that any forward-looking statements may imply. There is no assurance the above-described events will be completed. There can be no assurance of the ability of the Company to achieve sales goals, obtain contracts or financing, consummate acquisitions or achieve profitability in the future.

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