Curlew Lake Resources Inc.
TSX VENTURE : CWQ
PINK SHEETS : CWLXF

Curlew Lake Resources Inc.

June 02, 2006 18:16 ET

Curlew Lake Resources Inc. Announces that it Has Arranged a Private Placement for Oil & Gas Land Acquisitions

LANGLEY, BRITISH COLUMBIA--(CCNMatthews - June 2, 2006) - Curlew Lake Resources Inc. (TSX VENTURE:CWQ)(PINK SHEETS:CWLXF) announces that it has arranged a private placement of $525,000 comprising of 5,250,000 units at a price of ten cents per unit. Each unit is comprised of one common share of the Company, and one share purchase warrant entitling the Subscriber to acquire an additional common share at a price of $0.15 per share, exercisable at any time up to one year from the date of issuance. A Finder's Fee will be payable in the amount of 250,000 common shares in the company. The securities are subject to a hold period in accordance with regulatory policies.

All proceeds will be used for oil & gas land acquisitions.

Additional information will be forth coming in the next couple of weeks

For additional information or to be added to the corporate mailing list please visit the following page http://www.curlew-lake.com/cwq/mail.html.

On Behalf of the

Board of Directors

"Robert B. Pincombe"

President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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