Navasota Arranges Private Placement


Navasota Resources Ltd. announces that it has arranged a non-brokered private placement of a total of 3,000,000 Units at a price of $0.11, to raise a total of $330,000. Each unit includes one common share and one-half of one non-transferable Share Purchase Warrant and each whole Share Purchase Warrant will entitle the purchaser to purchase an additional common share at an exercise price of $0.15 over a term of one year from the closing date of the placement. The proceeds of the placement will be used to further drill the company's Missamana project in West Africa, and for general working capital.

The private placement is subject to the acceptance of the TSX Venture Exchange. Shares acquired by placees, and shares which may be acquired upon the exercise of the share purchase warrants, are subject to a hold period and may not be traded in British Columbia until four months after closing of the private placement.

On behalf of the Board of Directors
Navasota Resources Ltd.

Signed

Christopher J. Wild, P.Eng.
President & CEO

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