Navasota Closes Private Placement


Navasota Resources Ltd. has closed a non-brokered private placement for 3,000,000 Units at a price of $0.10 per Unit. Each Unit consists of one (1) common share and one-half (1/2) of one (1) non-transferable share purchase warrant and each whole share purchase warrant will entitle the holder to purchase one (1) additional common share at an exercise price of $0.15 per share for a period of two years from the closing date of the placement. Shares acquired by the placee are subject to a hold period and may not be traded until September 26, 2005. The proceeds of the placement will be used to further the exploration of the company's projects, and for general working capital.

On behalf of the Board of Directors
Navasota Resources Ltd.
Signed
Christopher J. Wild
President & CEO

Neither the TSX Venture Exchange nor any other regulatory body has approved or disapproved of the information contained herein.