Zoloto Resources announces increase in size of financing



    TSX.V: ZR

    VANCOUVER, Feb. 25 /CNW/ - Zoloto Resources Ltd. ("Zoloto" or the
"Company") (TSX Venture: ZR) is pleased to announce, further to its press
release issued on February 6, 2009, that its proposed non-brokered private
placement financing (the "Offering") has been increased from total gross
proceeds of Cdn$650,000 to total gross proceeds of Cdn$1,000,000. All other
terms of the Offering are unchanged. The Offering is subject to TSX Venture
Exchange approval. It is anticipated that closing of the Offering will occur
within the next two weeks.
    The proceeds of the Offering will be used for working capital and general
corporate purposes.
    The securities offered have not been and will not be registered under the
United States Securities Act of 1933, as amended (the "U.S. Securities Act"),
and may not be offered or sold within the United States or to, or for the
account or benefit of, U.S. persons except in certain transactions exempt from
the registration requirements of the U.S. Securities Act and applicable state
securities laws.

    About Zoloto Resources

    Zoloto is a gold exploration company whose primary focus is to become a
mid-tier gold producer through the advancement of its gold exploration
properties in the Russian Federation. In addition, Zoloto's management will
continue to evaluate acquisition opportunities within the Russian Federation.
Zoloto's philosophy is to unlock shareholder value in a socially and
environmentally responsible manner.

    
    Tim Petterson
    President
    

    This news release contains forward-looking information which is not
comprised of historical facts. Forward-looking information involves risks,
uncertainties and other factors that could cause actual events, results,
performance, prospects and opportunities to differ materially from those
expressed or implied by such forward-looking information. Forward looking
information in this news release includes, but is not limited to, the
Company's objectives, goals or future plans, and its expectations with respect
to completion of the Offering. Factors that could cause actual results to
differ materially from such forward-looking information include, but are not
limited to, failure to obtain TSX Venture Exchange approval of the Offering as
well as those risks set out in the Company's public documents filed on SEDAR.
Although the Company believes that the assumptions and factors used in
preparing the forward-looking information in this news release are reasonable,
undue reliance should not be placed on such information, which only applies as
of the date of this news release, and no assurance can be given that such
events will occur in the disclosed time frames or at all. The Company
disclaims any intention or obligation to update or revise any forward-looking
information, whether as a result of new information, future events or
otherwise, other than as required by law.

    
    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
    

    %SEDAR: 00005077E




For further information:

For further information: Alan Tenenbaum, Yana Bobrovskaya, Investor
Relations, Zoloto Resource Ltd., Phone: (604) 608-0223, Fax: (604) 608-0344

Organization Profile

ZOLOTO RESOURCES LTD.

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