Manson Creek Resources Ltd.

Manson Creek Resources Ltd.

March 08, 2005 16:42 ET

Manson Creek Resources Ltd.: Private Placement


NEWS RELEASE TRANSMITTED BY CCNMatthews

FOR: MANSON CREEK RESOURCES LTD.

TSX VENTURE SYMBOL: MCK

MARCH 8, 2005 - 16:42 ET

Manson Creek Resources Ltd.: Private Placement

CALGARY, ALBERTA--(CCNMatthews - March 8, 2005) - Manson Creek Resources
Ltd. (TSX VENTURE:MCK)

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN
THE UNITED STATES

Manson Creek Resources Ltd. ("Manson") is pleased to announce today that
it has closed a non-brokered private placement for $750,000.

The private placement consisted of 5,454,545 non-flow-through units (the
"Units") issued at $0.11 per Unit and 1,071,428 flow-through units (the
"Flow-Through Units") issued at $0.14 per Flow-Through Unit.

Each of the 5,454,545 Units are comprised of one common share of Manson
and one full share purchase warrant that may be exercised to purchase
one common share at a price of $0.14 per common share until March 7,
2007.

Each of the 1,071,428 Flow-Through Units consists of one flow-through
common share of Manson and one full non-flow-through share purchase
warrant that may be exercised to purchase one common share at a price of
$0.14 per common share until March 7, 2007.

The common shares issued are subject to hold period until July 9, 2005.

Proceeds of the financing will be used to conduct a drill program on the
Company's CR Property located in British Columbia, to evaluate a new
mineral prospects and for working capital purposes. The budget for the
drill program is $150,000.

All figures in this news release are expressed in Canadian dollars.

"Jean Pierre Jutras"


Jean Pierre Jutras

Vice-President/Director

Except for the historical and present factual information contained
herein, the matters set forth in this news release, including words such
as "expects", "projects", "plans", "anticipates" and similar
expressions, are forward-looking information that represents management
of Manson's internal projections, expectations or beliefs concerning,
among other things, future operating results and various components
thereof or the economic performance of Manson. The projections,
estimates and beliefs contained in such forward-looking statements
necessarily involve known and unknown risks and uncertainties, which may
cause Manson's actual performance and financial results in future
periods to differ materially from any projections of future performance
or results expressed or implied by such forward-looking statements.
These risks and uncertainties include, among other things, those
described in Manson's filings with the Canadian securities authorities.
Accordingly, holders of Manson shares and potential investors are
cautioned that events or circumstances could cause results to differ
materially from those predicted. Manson disclaims any responsibility to
update these forward-looking statements.

-30-

Contact Information

  • FOR FURTHER INFORMATION PLEASE CONTACT:
    Manson Creek Resources Ltd.
    James Devonshire
    (403) 233-0464
    (403) 266-2606 (FAX)
    or
    Manson Creek Resources Ltd.
    Jean Pierre Jutras
    (403) 233-0464
    (403) 266-2606 (FAX)
    or
    Manson Creek Resources Ltd.
    #500, 926 - 5TH Avenue S.W.
    Calgary, Alberta, T2P 0N7
    Web: www.manson.ca
    The TSX Venture Exchange has neither approved nor disapproved of the
    contents of this press release.