Zone Resources Inc.
TSX VENTURE : ZNR

Zone Resources Inc.

February 25, 2011 18:05 ET

Zone Resources Inc. Announces Private Placement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 25, 2011) - Zone Resources Inc. (Zone) (TSX VENTURE:ZNR) would like to announce that it has arranged a non-brokered private placement of up to 4,000,000 units at a price of $0.085 per unit for total proceeds of up to $340,000 subject to the approval of the TSX Venture Exchange.

Up to 4,000,000 units will be issued as non flow-through units consisting of one common share and one full warrant. One full warrant will entitle the holder to purchase one additional common share of the Company at a price of $0.12 per share for the first year and at a price of $0.15 through to completion of the second year.

The proceeds of the private placement will be used for general working capital, oil and gas exploration and other potential resource sector opportunities.

About Zone Resources Inc.
Zone Resources Inc. is in the business of evaluating and acquiring oil and natural gas properties for exploration and development. The Company's shares trade on the TSX Venture Exchange under the symbol ZNR.

Cautionary note:
This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

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.

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