Conway Resources Inc.
TSX VENTURE : CWY

Conway Resources Inc.

September 10, 2008 15:48 ET

Conway Resources Announces Closing of a $200,000 Private Placement

QUEBEC CITY, QUEBEC--(Marketwire - Sept. 10, 2008) - Conway Resources Inc. (TSX VENTURE:CWY) announces that it has completed a $200,000 private placement with an officer of the Company pursuant to which it will issue 4,000,000 common shares at $0.05 per share. There is no warrant attached to the common shares.

The proceeds from the private placement will be applied to the Company's working capital.

The common shares that will be issued by Conway pursuant to the private placement are subject to a four-month hold period, ending January 11, 2009.

About Conway Resources

Conway Resources (TSX VENTURE:CWY) specializes in the acquisition, exploration and development of mining properties. The Company is primarily focused on precious metals, and presently owns four properties in Quebec, Canada, in the vicinity of the Belleterre mine (total production of 2.18 Mt at 9.95 g/t Au for nearly 800,000 ounces of gold from 1936 to 1959) and the old Lorraine Cu-Ni mine.

The TSX Venture Exchange assumes no responsibility for the adequacy or accuracy of this press release.

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