KAS Khalkos Exploration

KHALKOS EXPLORATION INC. (TSX VENTURE:KAS) completed the closing of a private
placement for a total of $ 210,200 including $ 77,200 raised through the
issuance of common share units and $ 133,000 came from flow-through shares. An
officer and two directors of Khalkos participated in the placement for an amount
of $ 55,000. Following this placement, the Company has 29,607,663 common shares
issued and outstanding.


Khalkos issued 1,662,500 flow-through common shares at $ 0.08 per share and
1,286,667 common shares units at $ 0.06 per share comprising one common share
and half of Khalkos warrant at an exercise price of $ 0.12. In total, 2,949,164
shares and 643,333 warrants were issued. Each warrant entitles the holder
thereof to purchase one common share during the twelve months following the
closing date. The securities issued are subject to a hold period of four months
and one day. 


Finder's fees of $ 11,300 were paid. The private placement has received
conditional approval from the TSX Venture Exchange. 


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. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Robert Gagnon, President
(819) 860-2621
(514) 510-7964 (FAX)
rgagnon@khalkos.com


Peter Kong, B.B.A.
(514) 750-9026
(514) 510-7964 (FAX)
pkong@khalkos.com
www.khalkos.com

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