Anglo Swiss Resources Inc.
OTC Bulletin Board : ASWRF

Anglo Swiss Resources Inc.

April 24, 2007 09:01 ET

Anglo Swiss Resources Closes Private Placement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 24, 2007) - Anglo Swiss Resources Inc. (TSX VENTURE:ASW)(OTCBB:ASWRF)(BERLIN:AMO), further to its news release on April 16, 2007, has closed a non-brokered private placement. The company has raised $500,000 by the issuance of 5.0 million units at a price of 10 cents per unit. Each unit consists of one common share and one-half warrant, with each whole warrant entitling the holder to purchase an additional common share at a price of 20 cents for a period of one year from the closing date, subject to regulatory approvals.

All of the securities issued pursuant to the private placement are subject to a hold period expiring on Aug. 24, 2007. The proceeds from this private placement will be used for exploration of the Company's NWT diamond properties and general working capital purposes.

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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