Lynden Ventures Ltd.
TSX VENTURE : LVL

April 10, 2006 09:00 ET

Lynden Closes $2.25 Million Private Placement

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 10, 2006) - Lynden Ventures Ltd. (TSX VENTURE:LVL) reports that it has closed its previously announced non-brokered private placement, raising gross proceeds of C$2,253,750 by the issuance of 3,005,000 units at $0.75 per unit. Each unit (the "Units") consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one additional common share at a price of $1.00 until April 3, 2007 and $1.25 until April 3, 2008.

The Company paid finders' fees of 207,025 shares to two individuals and 17,127 Units and 24,467 compensation warrants to Haywood Securities Inc. Each compensation warrant is exercisable into one Unit at a price of $0.75 each until April 3, 2007. All securities issued in the private placement are subject to a hold period expiring on August 3, 2006.

ON BEHALF OF THE BOARD OF DIRECTORS

LYNDEN VENTURES LTD.

Colin Watt, President and CEO


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

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