New Earth arranges minimum $350,000 private placement

Mr. Lawrence Hay reports NEW EARTH RESOURCES ANNOUNCES NON-BROKERED LIFE OFFERING New Earth Resources Corp. will conduct a non-brokered private placement (the listed issuer financing exemption offering), having minimum gross proceeds of $350,000 through the issuance of no fewer than two million units at an issue price of 17.5 cents per LIFE unit, up to maximum gross proceeds of $525,000 through the issuance of up to three million LIFE units. Each LIFE unit comprises one Class A common share of the company and one share purchase warrant. Each LIFE warrant will be exercisable for one share at a price of 25 cents at any time following 60 days from the date of issuance until the date which is 24 months from the date of issuance. The LIFE offering will not close unless minimum gross proceeds of $350,000 are raised. Insiders of the company may participate in the LIFE offering. The company may pay finders' fees in connection with the LIFE offering of up to 2 per cent of the gross proceeds raised. The company intends to use the proceeds of the LIFE offering: to conduct further exploration on its Lucky Boy uranium property; to make the remaining payment of $80,000 under its property option agreement respecting the SL project located in the Strange Lake area of Quebec, Canada, which is prospective for rare earth elements; and for general working capital. Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 (Prospectus Exemptions), the LIFE offering is being made to purchasers resident in each of the provinces of Canada, other than Quebec, pursuant to the listed issuer financing exemption under Part 5A of NI 45-106 and Coordinated Blanket Order 45-935 (Exemptions from Certain Conditions of the Listed Issuer Financing Exemption). Securities issued under the LIFE offering will not be subject to a statutory hold period under applicable Canadian securities laws in accordance with the listed issuer financing exemption under Part 5A of NI 45-106 and the blanket order. The company has filed an offering document relating to the LIFE offering dated as of today's date. The offering document related to the LIFE offering can be accessed under the company's profile at SEDAR+. Prospective investors under the LIFE offering should read the offering document before making an investment decision. About New Earth Resources Corp. New Earth is a Canadian-based mineral exploration company acquiring and developing advanced and early-stage exploration projects. Its flagship project is its 100-per-cent-owned, past-producing Lucky Boy uranium property located in Gila county, Arizona, United States. Consisting of 14 lode claims and spanning approximately 273 acres, the Lucky Boy project covers a small open-pit and underground workings that produced uranium in the 1950s, and again in the 1970s. In addition to Lucky Boy, included in the company's uranium portfolio are three claims located in Saskatchewan, Canada, covering 365 hectares. The company also has the option to acquire a 100-per-cent interest in 23 claims covering approximately 1,101 hectares in the Strange Lake area of Quebec, Canada, known as the SL project, which is prospective for rare earth elements. We seek Safe Harbor.