LOUNOR EXPLORATION INC. - Private placement

    Listing (TSXV = LO)

pleased to announce the closing of a private placement of CDN $30,000. The
private placement is for 150,000 common shares at a price of $0.20 per share.
Each share is accompanied of one of a 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 $0.27 per share.
    The securities issued pursuant to this private placement are subject to a
hold period of four months from closing.

    LOUNOR EXPLORATION INC. is a publicly traded company on the TSX-Venture

    This Press Release was prepared by LOUNOR EXPLORATION INC. and the TSX
    Venture has not reviewed and does not accept responsibility for the
    adequacy or accuracy of this release.

    %SEDAR: 00008670EF

For further information:

For further information: Mr. Gilles Fiset, President, Telephone:
1-800-388-8668, (819) 797-8668, Fax: (819) 797-6050

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Lounor Exploration Inc.

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