SOURCE: Swift Resources Inc.

May 01, 2008 11:47 ET

Swift Resources Inc. - Update

VANCOUVER, BC--(Marketwire - May 1, 2008) - Swift Resources Inc. (TSX-V: SWR) ("Swift") wishes to advise that the Company's representatives have made applications for coal permits in east central Saskatchewan, in the area of Goldsource Mines Inc.'s recently announced coal discovery. The applications were made in accordance with the Coal Disposition Act of Saskatchewan. The time frame for granting of permits is dependent upon regulatory requirements to process the applications.

Swift will provide further information when it becomes available.

SWIFT RESOURCES INC.

"Stan Szary"

Stan Szary, Director

Forward-Looking Statements - statements included in this news release that are not historical facts may be considered "forward-looking statements." All estimates and statements that describe the Company's objectives, goals or future plans are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties where actual results could differ materially from those currently anticipated.

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

Contact Information

  • Contact:
    Lea White
    Windward Global
    Phone: (704) 588-8600