SOURCE: Supreme Resources Ltd.

December 20, 2010 10:59 ET

Supreme Resources to Join OTC Markets 2011

COQUITLAM, BC--(Marketwire - December 20, 2010) -


                             SUPREME RESOURCES LTD
                               3620 Crouch Avenue
                                 Coquitlam, BC
                                    V3E 3H4
                                 (604) 941 3716

December 20, 2010
Trading Symbol: SPR - TSX.V

Supreme Resources to Join OTC Markets 2011 Provides Company Update

SUPREME RESOURCES LTD. (the "Company") wishes to announce that applications have been submitted to the Securities Exchange Commission (SEC) to be quoted & reporting on the OTC Securities Market of the USA.

OTC Markets Inc., operates the world's largest electronic interdealer quotation system for broker-dealers to trade unlisted securities. It is organized into three tiers based on the level of disclosure: OTCQX, OTCQB and Pink Sheets.

When completed, USA & International investors will be able to find news, current financial disclosure and Real-Time Level 2 quotes for Supreme Resources Ltd. on www.otcmarkets.com

The OTC Markets Inc. located in New York, NY USA operates the leading electronic interdealer quotation and trading system for over 9,000 securities not listed on a U.S. stock exchange.

The company believes that the superior information and visibility of the OTC marketplace will allow the company to efficiently build investor confidence and expand Supreme's shareholder base.


The company expects to be quoted on the OTC Markets in early 2011.

Assays from the TAS & Verde Projects

Further to the company's news release dated Nov 8, 2010, announcing the completion of the drilling programs on the TAS & Verde Projects, located in the Copper Mountain Mining Camp, Princeton, BC., all cores from the diamond drilling program have been submitted to Eco Tech Laboratory Ltd. of Kamloops, B.C., an accredited laboratory and subsidiary of Alex Stewart Group Ltd. for analysis and the results are pending.

The TAS properties are located next to, and adjoining the Copper Mountain Mining Corporation's property on its southeastern boundary of Copper Mountain's Oriole and Rifle areas particularly TAS North.

The Verde Project is located 4 kms northeast of Copper Mountain Mining Corporation's Copper Mountain mine.

The company wishes to express particular and notable interest in the recent core assays released by Copper Mountain Mining Corporation (CUM.T) on their 20 diamond drill holes completed in the Oriole and Rifle areas of the Copper Mountain project. As disclosed on Stockwatch December, 13, 2010 "Copper Mountain drills 1.99% Cu over 13.6 m" http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aCUM-1790968&symbol=CUM&region=C

Allan Levien, CEO states that considering proximity and location of Supreme's TAS& Verde properties to the Oriole & Rifle areas of Copper Mountain Mining Corp., we are all looking forward to receiving the results from the 12 diamond drill holes completed on the company's properties.

The company expects all assay results from the TAS & Verde properties to be available and released in early 2011.

Further news will be forthcoming in the near future.

ON BEHALF OF THE BOARD

"Allan Levien"
Allan Levien
President

About Supreme Resources Ltd.:

Supreme Resources Ltd. is a junior exploration company with advanced base and precious metals projects located in producing mining districts of British Columbia, Canada. Supreme Resources' goal is to increase shareholder value by developing exploration projects that have the potential of becoming new discoveries.

Website: www.supremeresourcesltd.com


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.

Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or the Company's future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward- looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in the technology history. There can be no assurance that such forward- looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein. This news release does not constitute an offer to sell, or a solicitation of an offer to buy any of the Company's securities set out herein in the United States, or to, or for the benefit or account of, a U.S. Person or person in the United States.

This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that:

(i) the releases contained herein are protected by copyright and other applicable laws; and

(ii) they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Supreme Resources Ltd. via Thomson Reuters ONE

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