Armistice Resources Corp. extends expiry date of Davidson warrants



    Issued and Outstanding common shares: 60,130,435

    TORONTO, Aug. 15 /CNW/ - Armistice Resources Corp. (TSX: AZ) ("Armistice"
or the "Corporation") is pleased to announce that in consideration of the past
services of the Davidson Estate, the Board of Directors of the Corporation has
decided to extend the term of the 625,000 warrants issued to Susan Davidson
that expire on August 18, 2008 for a further term of two years, expiring
August 18, 2010 at the current exercise price of $1.00 per common share of
Armistice. All of the other warrant terms will remain the same, including the
exercise price. The extension will become effective 10 business days following
the date of this press release and is subject to approval by the Toronto Stock
Exchange. The warrants issued to Susan Davidson will not be exercisable
between August 15, 2008 and August 29, 2008.

    Armistice is a Canadian exploration company that owns an advanced
exploration underground gold project in North-eastern Ontario located on the
prolific Larder Lake break. The McGarry project consists of 34 contiguous
patented mining claims and licences of occupation totaling 484 hectares which
adjoins the former producing Kerr Addison gold mine which produced in excess
of 11 million ounces of gold. Underground drilling and bulk sampling is
currently underway.


    ARMISTICE RE

SOURCES CORP. "Todd J. Morgan" Todd J. Morgan President, CEO and Chairman of the Board

For further information:

For further information: Todd J. Morgan, (705) 567-4567,
info@armistice.ca


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