Sanu Resources Ltd.
TSX VENTURE : SNU

Sanu Resources Ltd.

June 12, 2008 13:55 ET

Sanu Extends Option Agreements on Nyieme and Moule Projects in Burkina Faso

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 12, 2008) - Sanu Resources Ltd. (TSX VENTURE:SNU) ("Sanu") is pleased to announce that the Company has negotiated one year extensions to its option to purchase agreements with respect to the Nyieme and Moule properties in Burkina Faso.

In respect of the Moule Property, the Company has made a payment of $50,000 and will issue 25,000 share purchase warrants. One warrant is exercisable into one common share at a price of $0.82 per share over a period of two years. In return the underlying owner of the Moule property has agreed to amend the option agreement to change the exercise date of the option to purchase from May 21, 2008 to May 21, 2009.

In respect of the Nyieme property, the Company will make a payment of $50,000 and will issue 25,000 share purchase warrants on or before October 20, 2008. One warrant is exercisable over a period of two years into one common share at the greater of the Market Price (as defined by the TSX-V) or at a price of $0.82 per share. In return the underlying owner of the Moule property has agreed to amend the option to purchase agreement to change the exercise date of the option to purchase from October 20, 2008 to October 20, 2009.

On Behalf of the Board

Wojtek A. Wodzicki, President and CEO

This news release contains forward-looking statements concerning the Company's plans for its properties. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation, risks and uncertainties relating to political risks involving the Company's exploration and development of its properties, the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, the inability or failure to obtain adequate financing on a timely basis and other risks and uncertainties, including those described in the Company's periodic filings with the British Columbia Securities Commission. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not intend to update this information and disclaims any legal liability to the contrary.

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

Contact Information