Tom Exploration Inc. - New board member - Closing of private placement



    QUEBEC, June 28 /CNW Telbec/ - Tom exploration Inc. is very pleased to
announce the appointment of Mr. Stéphane Fréchette to the Board of Directors
of the company. Mr. Fréchette is a mining engineer with over 18 years of
experience in various capacities in the mineral exploration field. From May
1993 to November 1995, he worked as a project engineer at the Omay Gold mine
in Guyana South America. At the end of 1995, he was transferred to the Géant
Dormant division of Cambior for a special training before becoming a
supervisor. In June 1996 he agreed to accept the challenge of starting up the
new Troilus mine for Inmet mining. The mine was located to the North West of
the city of Chibougamau. During that period, he started working as supervisor
of operations. He then moved to the engineering department before becoming the
project manager. Since last April, he is working as a production manager at
Carrières Polycor. There is no doubt; his vast experience in the mining
industry will be a big plus for our company.
    Tom Exploration Inc. is also announcing the closing of a private
placement of $100,000. CDN announced last May 25th. The private placement is
for 740,740 shares of the company at a price of 0.135 cents per share. Each
common share is accompanied by one share purchase warrant valid for a period
of 24 months. One warrant allows the subscriber to purchase one common share
of the company at a price of 0.18 cents per share. The proceed from the sale
will be used as working capital. The securities issued pursuant to this
private placement are subject to a hold period of four months from closing.

    Tom Exploration Inc. is a publicly traded company on the TSX-Venture
(TSXV-TUM).

    This press release was prepared by tom Exploration Inc., and the TSX
    Venture has not reviewed and does not accept responsibility for the
    adequacy or accuracy of this release.
    %SEDAR: 00008739EF




For further information:

For further information: Mr. Daniel Pauzé, President, Tom Exploration
Inc., (514) 951-7776, danpauze@videotron.ca

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