Aldershot Resources Ltd.
TSX VENTURE : ALZ

Aldershot Resources Ltd.

March 23, 2007 16:58 ET

Northern Securities to Finance Aldershot's Uranium Search

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 23, 2007) - Jeremy Caddy, President of Aldershot Resources Ltd. (the "Company") (TSX VENTURE:ALZ), is pleased to announce that further to the press release dated February 26, 2007 wherein the Company engaged Northern Securities Inc. to raise, on a best efforts basis, a minimum of $2,000,000 and a maximum of $3,000,000, the Company advises that the financing has been amended to $0.27 per unit. Each unit will consist of one common share and one share purchase warrant exercisable for two years at $0.42. All previously announced terms remain the same. Please refer to the Company's press release dated February 26, 2007 for further details.

The terms of the financing are subject to regulatory approval. These securities are not for sale in the United States.

FOR AND ON BEHALF OF THE BOARD ALDERSHOT RESOURCES LTD

Jeremy Caddy, President and Director

This release has been prepared by management and no regulatory authority has approved or disapproved the information contained herein. Information in this report, insofar as it relates to resources' estimation and exploration activities, is based on information compiled by Ian Faris who is the Company's senior uranium geologist and who has more than ten years experience in the field of the activity being reported on. This report accurately reflects the information compiled by this Professional Engineer.

Should you wish to receive Company news via email, please email catarina@chfir.com and specify "Aldershot News" in the subject line.

About Aldershot Resources Ltd.

Aldershot Resources, based in Vancouver, Canada, is a uranium exploration company currently with projects in Northern Territory, Western Australia, Quebec and Zambia. Shares of the Company are listed for trading on the TSX Venture Exchange and there are approximately 40.8 million shares outstanding.

Cautionary Language and Forward-Looking Statements

This press release may contain "forward-looking statements", which are subject to various risks and uncertainties that could cause actual results and future events to differ materially from those expressed or implied by such statements. Investors are cautioned that such statements are not guarantees of future performance and results. Risks and uncertainties about the Company's business are more fully discussed in the Company's disclosure documents filed from time to time with the Canadian securities authorities.

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

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