TTM Resources Inc.
TSX VENTURE : TTQ
FRANKFURT : T2U

TTM Resources Inc.

March 29, 2007 14:15 ET

TTM Resources Announces an Increase to the Overallotment Option Relating to the Financing Announced on March 27, 2007

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - March 29, 2007) -

NOT FOR DISSEMINATION IN THE UNITED STATES OR VIA U.S. NEWSWIRE SERVICES.

TTM Resources Inc. (TSX VENTURE:TTQ)(FRANKFURT:T2U) (the "Company") announces that they and Canaccord Capital Corporation have agreed to modify the Overallotment option related to the financing announced on March 27, 2007. The Overallotment will now consist of 3,800,000 Non Flow Through Units for total proceeds of $2,850,000. Upon the exercise of the Overallotment, the financing will total $7,950,000.

See the Company's press release dated March 27, 2007 for further details relating to this financing.

Completion of the placement is subject to the approval of the TSX Venture Exchange.

TTM RESOURCES INC.

W.K. Crichy Clarke, President & CEO

This communication to shareholders and the public contains certain forward-looking statements. Actual results may differ materially from those indicated by such statements. All statements, other than statements of historical fact, included herein, including, without limitations statements regarding future production, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

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

Contact Information

  • TTM Resources Inc.
    W.K. Crichy Clarke
    President & CEO
    (604) 685-5851 or Toll Free: 1-888-685-5851
    or
    TTM Resources Inc.
    Tom Brady
    (604) 685-5851 or Toll Free: 1-888-685-5851
    (604) 685-7349 (FAX)
    Email: ir@urg.ca
    Website: www.ttmresources.ca
    or
    Small Cap Invest Ltd - Europe
    Alexander Friedrich
    49 (0) 69-24 24 93 49
    49 (0) 12 12 544 71 04 62 (FAX)
    Email: afriedrich@small-cap-invest.com