NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES


Bonaparte Resources Inc. (TSX VENTURE:BON) ("Bonaparte" or the "Company")
announces that it has retained IBK Capital Corp. ("IBK") of Toronto, Ontario.
IBK will endeavor to raise $2,500,000 for the Company by way of a non-brokered
private placement of units and warrants. Terms and conditions including pricing
of the private placement have not been finalized and will be announced in due
course.


ON BEHALF OF THE BOARD OF DIRECTORS 

Randy Saunders CEO and Director

This press release contains projections and forward-looking information that
involve various risks and uncertainties regarding future events. Such
forward-looking information can include without limitation statements based on
current expectations involving a number of risks and uncertainties and are not
guarantees of future performance of the Company. There are numerous risks and
uncertainties that could cause actual results and the Company's plans and
objectives to differ materially from those expressed in the forward-looking
information, including: (i) adverse market conditions; and (ii) general
uncertainties with respect to mineral exploration in general. Actual results and
future events could differ materially from those anticipated in such
information. These and all subsequent written and oral forward-looking
information are based on estimates and opinions of management on the dates they
are made and are expressly qualified in their entirety by this notice. Except as
required by law, the Company does not intend to update these forward-looking
statements.


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