Tres-Or Resources Ltd.

Tres-Or Resources Ltd.

December 08, 2010 14:02 ET

Tres-Or Announces Private Placement of Units and Exercise of Warrants

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 8, 2010) - Tres-Or Resources Ltd. (the "Company") (TSX VENTURE:TRS). Further to its news release of October 25, 2010, the Company is pleased to announce that its previously disclosed private placement has been increased by a further 1,666,6667 units at $0.15 per unit for further proceeds of $250,000. As a result the placement now totals 3,666,667 units for total proceeds of $550,000. Each unit is comprised of one common share and one-half of a share purchase warrant, with each whole warrant entitling the holder to acquire a further common share of the Company at a price of $0.18 for a term of one year.

Closing of the private placement remains subject to the acceptance of the TSX Venture Exchange.

The Company is also pleased to announce that the MineralFields Group has exercised a further 5,500,000 $0.15 warrants of the Company, resulting in proceeds to the Company of $825,000.

The proceeds from the private placement and the warrant exercise will be applied to the Company's mineral projects and to general working capital.

On behalf of the Board of Directors,

"Laura Lee Duffett"

Laura Lee Duffett
President and CEO

About Tres-Or Resources Ltd.:

Tres-Or Resources Ltd. (TSX VENTURE:TRS) is a Canadian resource company exploring gold and precious metals projects and diamond assets in Ontario and Quebec. The experienced team has proven success in exploration through to discovery and mine development. Additional information related to the Company is available at:

Neither the TSX Venture Exchange nor its Regulation Service Provider (as the term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this news release.

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