Fjordland Exploration Inc.
TSX VENTURE : FEX

Fjordland Exploration Inc.

February 18, 2009 17:32 ET

Fjordland Increases Flow-Through Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 18, 2009) - Fjordland Exploration Inc. (TSX VENTURE:FEX) has increased the flow-through private placement, announced February 3, 2009, from $150,000 to $200,000. The financing will consist of a non-brokered private placement of approximately 2,857,142 flow-through shares at $0.07 per share.

Proceeds are to finance a diamond drilling program at the Mil gold property in British Columbia, scheduled to start in early March. Funds will also be used for exploration at the Woodjam gold-copper project.

Finder's fees of 8% of the flow-through shares sold may be payable in common shares on a portion of the financing to registered dealers who assist in the placement. The private placement is subject to regulatory approval.

About Fjordland Exploration Inc.

Fjordland Exploration Inc. is a mineral exploration company focused on the discovery of gold, copper and molybdenum deposits in British Columbia. Fjordland holds a 60% interest in the 48,000-hectare Woodjam copper-gold-molybdenum property in south central British Columbia, and is operator of the project; Cariboo Rose Resources Ltd. (TSX VENTURE:CRB) holds the remaining 40% interest. Fjordland is also the operator in a 50%-50% joint venture with Serengeti Resources Inc. (TSX VENTURE:SIR) on the QUEST project to explore 28 properties totaling approximately 144,000 hectares in the heart of British Columbia's under-explored Quesnel Terrane for precious and base metals. Shares of Fjordland Exploration Inc. trade on the TSX Venture Exchange under the symbol "FEX". For further information visit the Company's website at www.fjordlandex.com.

Janice Davies, Corporate Secretary

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

Contact Information