SOURCE: Yale Resources Ltd.

April 25, 2007 13:08 ET

Yale Receives $201,812.5 From Exercise of Warrants

VANCOUVER, BC -- (MARKET WIRE) -- April 25, 2007 -- Yale Resources Ltd. (TSX-V: YLL) (FRANKFURT: YAB) is pleased to report that 807,250 warrants have been exercised for proceeds totalling $201,812.5.

--  736,250 of 787,500 warrants at $0.25 for total proceeds of $184,062.5
    (expired on Apr. 21, 2007)
--  71,000 of 71,000 agent warrants at $0.25 for total proceeds of $17,750
    (expired on Apr. 25, 2007)
The proceeds will be put towards the ongoing exploration and potential acquisitions in Mexico.
On behalf of the Board,

"Ian Foreman"
Ian Foreman, P.Geo.
For additional information on Yale Resources please call the Company at 604-678-2531.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.

News Release #07-10

Contact Information

  • Contact:
    Yale Resources Ltd.
    600 - 890 West Pender St.
    Vancouver, B.C.
    V6C 1K4 Canada
    Phone: (604) 678-2531
    Fax: (604) 678-2532