Curlew Lake Resources Inc.

Curlew Lake Resources Inc.

November 24, 2010 09:15 ET

Curlew Lake Resources Inc. Announces That It Is Arranging a Flow-Through Private Placement to Drill at Fairydell

LANGLEY, BRITISH COLUMBIA--(Marketwire - Nov. 24, 2010) - Curlew Lake Resources Inc. (the "Company") (TSX VENTURE:CWQ)(PINK SHEETS:CWLXF) announces that it is currently arranging a non-brokered flow-through private placement of units (the "Units") at a price of $0.05 per Unit for aggregate proceeds of up to $270,000. Each Unit will be comprised of one flow-through common share and one share purchase warrant (a "Warrant"), each Warrant entitling the holder to purchase one additional common share at a price of $0.10 for a period of two years from the date of closing of the private placement. The funds raised will be used for an upcoming follow-up drilling program on the companies oil and gas lands in the Fairydell-Bon Accord area of central Alberta.

On behalf of the Board of Directors

Robert B. Pincombe, President

Warning: The Company relies on litigation protection for "forward looking" statements. Actual results could differ materially from those described in the news release a result of numerous factors, some of which are outside the control of the Company.

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