Southampton Ventures Inc.
TSX VENTURE : SV

Southampton Ventures Inc.

March 20, 2009 09:00 ET

Southampton Ventures Terminates Option Agreement With Noront on Moonbeam Property in "Ring of Fire" Area, McFauld's Lake

TORONTO, ONTARIO--(Marketwire - March 20, 2009) -

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Southampton Ventures (TSX VENTURE:SV) wishes to announce that Noront Resources Ltd. ("Noront") has provided Southampton Ventures with its final report on the drill program conducted on its Moonbeam Property in the "Ring of Fire" McFauld's Lake Area, Northern Ontario.

The report provided by Noront relates to the drill results and airborne and ground geophysical surveys that were completed on the claims in the James Bay Lowlands of Ontario that are the subject of a Joint Venture agreement with Noront (see press release dated January 4, 2008). Based on geophysical interpretations of exploration results, three drill targets were selected for exploration. The samples obtained from those targets were tested, and the results returned were found not to warrant further investigation. According to the report commissioned by Noront, no follow-up exploration work was recommended and Southampton has decided to terminate the option agreement with Noront.

Forward-Looking Statements

Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Southampton and Quetzal, including, but not limited to, the impact of general economic conditions, industry conditions, dependence upon regulatory and shareholder approvals, the execution of definitive documentation and the uncertainty of obtaining additional financing. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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