Colt Resources Inc.

Colt Resources Inc.

February 29, 2008 13:06 ET

Colt Engages Objective Capital Ltd. to Provide Research Coverage

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 29, 2008) - Colt Resources Inc. ("Colt" or the "Company") (CNQ:COLT) is pleased to announce that Colt has engaged Objective Capital Limited ("Objective Capital") of the UK to provide sponsored research coverage of Colt for an initial term of one year which may be extended annually by mutual consent. The Company shall pay Objective Capital Cdn $40,000 per annum and shall reimburse Objective Capital for all its reasonable out-of-pocket expenses.

Colt Resources Inc.

Bedo H. Kalpakian, President and CEO

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