Bonaparte Resources Inc.
TSX VENTURE : BON

Bonaparte Resources Inc.

December 16, 2011 20:05 ET

Bonaparte Announces Closing of Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 16, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Bonaparte Resources Inc. (TSX VENTURE:BON) ("Bonaparte" or the "Company") announced today that it has closed the private placement previously announced on December 8, 2011 . A total of 1,100,000 shares were sold under the offering, for gross proceeds of $220,000. There were no finders' fees paid in connection with the offering. The units were sold pursuant to various exemptions from the prospectus and registration requirements of applicable securities laws, and in Canada are subject to a four-month hold period expiring April 17, 2012.

ON BEHALF OF THE BOARD OF DIRECTORS

Randy Saunders, CEO and Director

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility or the adequacy or accuracy of this release.

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