New Shoshoni Ventures Ltd. (the "Company") has negotiated a private placement to raise gross proceeds of $50,000. The private placement will consist of 333,333 Flow Through Units priced at $0.15 per unit.
Each Unit will consist of one flow through share plus one warrant exercisable into one flow through share at $0.20 per share for a period of 18 months. The Company plans to spend the flow-through funds raised for exploration of its DS copper/gold prospect located on Vancouver Island.

The share purchase warrants attached to the Units are subject to an acceleration clause, whereby the Company may, at its discretion call for the exercise of the warrants within 10 business days, if the closing price of the Company's common shares on the TSX Venture Exchange is $0.40 or higher for 10 consecutive trading days, provided that the mandatory hold period has passed.

Shares issued pursuant to this private placement and shares that may be issued as a result of the exercise of any warrants attached to this private placement will be subject to a mandatory hold period expiring four months from the date of closing. No finders' fees will be payable in respect of this private placement. This private placement is subject to approval by the TSX Venture Exchange.

Additional information on New Shoshoni is available on Shoshoni's website at http://www.newshoshoni.com .

NEW SHOSHONI VENTURES LTD.

Ralf Hillebrand
President

For more information, please contact Mark Tommasi at 604-608-6314 or toll free at 1-877-454-0383.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.