Premium Exploration Inc.
TSX VENTURE : PEM

Premium Exploration Inc.

April 23, 2008 12:18 ET

CCM Liquidity Report: Premium Exploration, Inc. (PEM:TSX-V)

TORONTO, ONTARIO--(Marketwire - April 23, 2008) -



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CRITERIA 23-Apr-08
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MKT CAP (millions) $ 9.3
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50 DAY AVG. VOLUME 130,000
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50 DAY AVG. VALUE $ 58,474.00
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50 DAY AVG. DAILY TRADES 25
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50 DAY AVG. DAILY TRADE VALUE $ 2,339.00
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% OF FLOAT TRADED 0.39%
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In the most recent Technical Research Report dated April 10, 2008, the analyst stated:

"Premium Exploration, Inc. (TSX VENTURE:PEM) is currently trading under the key 5- weekly modified moving average at 0.424..."

"The model shows no nearby levels of support with a key quarterly pivot at 0.374, weekly resistance at 0.447 and monthly resistance at 0.543."

"The 50- week and 21- week moving averages provide additional resistances at 0.435 and 0.491."

In the most recent Fundamental Equity Report, dated February 20, 2008, the analyst stated:

"Financial results for PEM's third quarter and nine months of 2007 were consistent with our expectations. The Company is on-track and gaining momentum with its exploration and development activities."

"We believe PEM is particularly well-positioned among the juniors, and that PEM shareholders are likely to participate in a significant mineral discovery."

"We expect to see the Company take advantage of new opportunities particularly in Mexico, where the Mexican Government is strongly supportive of staking and acquisition activities. The Company is actively looking for acquisitions and joint ventures to add to its quality pipeline."

The Liquidity Report can be found at:

http://www.baystreet.ca/articles/research_reports/ccm_research/PEM_LiquidityReport_April232008.pdf

CCM Research is a division of Cronus Capital Markets, Inc. Cronus Capital Markets, Inc., through its CCM Corporate Advisory division, entered into a one year $42,500.00 contract with the Company to assist it with the creation and execution of information-based strategies to overcome market inefficiencies that are commonplace for the vast majority of public companies, including: share illiquidity, lack of credibility, and stagnant market capitalizations.

Cronus Capital Markets® (CCM) is a leading capital market services firm providing services to investors, institutions, exchanges, and public companies. CCM's equity research, indexes, and ETFs receive international attention and represent important new sectors of growth.

CRONUS CAPITAL MARKETS, INC. IS THE SOLE SOURCE OF THIS PRESS RELEASE.

The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.

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