May 29, 2009

The common shares of Scarlet Resources Ltd. have been approved for listing on CNSX. Following an Initial Public Offering of 2.67 million shares at a price of $0.15 per share, there are approximately 9.8 million shares outstanding with a public float of 2.5 million shares. Jordan Capital Markets acted as Agent on the Offering.

Scarlet Resources is engaged primarily in the business of evaluating, acquiring and exploring natural resource properties. The Company holds an option to acquire an undivided 100% interest in the Ches Property, an exploration property situated in central British Columbia within the Omineca Mining Division.

Scarlet Resources is designated as a "thin float issuer".

Listing and disclosure documents for Scarlet Resources will be available in the CNSX Listings Disclosure Hall

Trading Date: Monday, June 1, 2009
Symbol: SCT
CUSIP: 806087 10 2
ISIN: CA 806087 10 2 4 

Applications are being accepted for Market Makers for "SCT". If you have any questions or require further information please contact Radhika at (416) 572-2000 X 2435 or E-mail: radhika.ramkarran@cnsx.ca