Rainy River Resources Ltd.
TSX VENTURE : RR

Rainy River Resources Ltd.

May 08, 2008 17:25 ET

Rainy River Increases Land Position

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 8, 2008) - Nelson W. Baker, President and CEO of Rainy River Resources Ltd. (TSX VENTURE:RR) is pleased to report that the Company has added an additional parcel to its sizable land package in the Rainy River district of northwestern Ontario.

The Company has entered into an option agreement to earn a 100% interest in certain patented mineral rights totalling approximately 17 acres in Senn Township. In consideration, the vendors will receive total cash payments of $50,000 and will be issued a total of 25,000 shares over a two year period. This option agreement is subject to acceptance by the TSX Venture Exchange.

Nelson W. Baker, President

This release includes certain statements that may be deemed to be "forward-looking statements". All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, including market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

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

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