Knight Resources Ltd.
TSX VENTURE : KNP
FRANKFURT : KRL

Knight Resources Ltd.

March 23, 2007 19:03 ET

Knight Resources Ltd.: Corporate Update

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 23, 2007) - David Patterson, Chairman of Knight Resources Ltd. (TSX VENTURE:KNP)(FRANKFURT:KRL), reports that the Company has granted 1,350,000 incentive stock options to certain of its directors, officers, employees and consultants. The stock options are exercisable at a price of $0.165 per common share for a period of two years.

ON BEHALF OF THE BOARD OF KNIGHT RESOURCES LTD.

David Patterson, Chairman

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

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