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News Releases


Jan 04, 2007

$2.2 MILLION PRIVATE PLACEMENT CLOSES

Mr. Ian Rozier, President, is pleased to announce that the 20 million unit non-brokered Private Placement, announced November 15, 2006, has received final acceptance through a TSX Venture Exchange Bulletin issued on January 3, 2007.

Each $0.11 unit comprises of one common share and one share purchase warrant exercisable at $0.15 for a two year period. Pursuant to National Policy 4.1 share certificates will not be eligible for trading until April 16, 2007.



For further information please contact:

Corporate Communications
Tel: 604-685-6851
Fax: 604-685-6493
info@newport-exploration.com



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