Termination of proposed distribution of Golden Harp Shares



    VANCOUVER, April 28 /CNW/ - International KRL Resources Corp. (TSXV-IRK)
(the "Company") announces that the proposed distribution of 10,000,000 common
shares (the "Golden Harp Shares") in the capital of Golden Harp Resources Inc.
("Golden Harp"), as previously disclosed in a news release dated December 1,
2006, will not be proceeding.
    The Golden Harp Shares were received by the Company as consideration for
the transfer of certain mineral claims and leases generally known as the
Copper Hill Property to Golden Harp. The Company has previously proposed to
distribute all of the Golden Harp Shares that it owns to the shareholders of
the Company on a pro rata basis as a reduction of stated capital (the
"Distribution"), and has obtained shareholder approval for such at the annual
general meeting of shareholders of the Company held on November 29, 2006,
however such approval was subject to the authority of the directors to revoke
the resolution at any time before it is acted upon, and to determine not to
proceed with the Distribution.
    This decision has been taken as a result of a significant change in the
circumstances from the time when the proposed Distribution was initially
contemplated in 2006. Important factors include: (i) a long delay in
completing an initial public offering and the listing of the Golden Harp
Shares on the Exchange, which was not completed until March 2008 and was a
pre-condition to completing the Distribution; and (ii) unprecedented
deterioration in market conditions which have restricted the ability of the
Company to raise new capital. As a result, the directors of the Company have
concluded that it is in the best interests of the Company to retain the Golden
Harp Shares as an asset of the Company until such time as a potential sale of
all or a portion of such shares can be arranged.

    International KRL Resources Corp. is a mineral exploration company
engaged in the acquisition, exploration and advancement of Canadian mineral
properties. It has a significant property portfolio prospective for uranium,
base metals and precious metals. For more information on the Company and the
properties please visit www.krl.net and www.sedar.com websites.

    
    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.
    

    Forward Looking Statements: The above contains forward looking statements
that are subject to a number of known and unknown risks, uncertainties and
other factors that may cause actual results to differ materially from those
anticipated in our forward looking statements. Factors that could cause such
differences include: changes in world commodity markets, equity markets, costs
and supply of materials relevant to the mining industry, change in government
and changes to regulations affecting the mining industry. Forward-looking
statements in this release include statements regarding future exploration
programs, operation plans, geological interpretations, mineral tenure issues
and mineral recovery processes. Although we believe the expectations reflected
in our forward looking statements are reasonable, results may vary, and we
cannot guarantee future results, levels of activity, performance or
achievements.





For further information:

For further information: International KRL Resources Corp., Mr. Seamus
Young, President & CEO, Suite 1640 - 1066 West Hastings Street, Oceanic Plaza,
Box 12543, Vancouver, BC, V6E 3X1, Telephone: (604) 689-0299, Facsimile: (604)
689-0288, Email: info@krl.net, Web Page: www.krl.net

Organization Profile

INTERNATIONAL KRL RESOURCES CORP.

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