Anglo Swiss Resources Inc.
OTC Bulletin Board : ASWRF

Anglo Swiss Resources Inc.

April 16, 2007 09:01 ET

Anglo Swiss Resources Announces Private Placement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 16, 2007) - Anglo Swiss Resources Inc. (TSX VENTURE:ASW)(OTCBB:ASWRF)(BERLIN:AMO) announces it has entered into financing agreements to complete a private placement for up to $500,000 through the issuance of 5,000,000 units at 10 cents. Each unit will consist of one common share and a one-half warrant, each whole warrant is exercisable at a price of 20 cents for one year from closing. The proceeds of the private placement will be used for continued exploration on the company's NWT diamond properties and for general working capital. A finder's fee will be payable in accordance with the rules and polices of the TSX Venture Exchange.

On behalf of the Board,

Len Danard, President & CEO

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

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