Swift Announces Increase to Private Placement

Swift Resources Inc. (the "Company") (TSX VENTURE:SWR) announces that, further
to the Company's news releases dated November 1 and November 25, 2010, the
non-brokered private placement will consist of up to 4,000,000 non-flow-through
units ("NFT Units") at a price of $0.10 per NFT Unit for gross proceeds of
$400,000. Each NFT Unit will consist of one common share and one common share
purchase warrant. Each whole warrant entitles the holder to purchase one
additional common share of the Company at an exercise price of $0.15 for a
period of 24 months from the date of issue of the warrant. 


In addition, the Company announces an increase to the non-brokered private
placement of flow-through common shares to up to 7,250,000 flow-through common
shares at a price of $0.12 per flow-through common share for gross proceeds of
$870,000.


All securities issued will be subject to a four-month hold period. The offering
is subject to the approval of the TSX Venture Exchange (the "TSXV") and a
finder's fee may be payable in accordance with the policies of the TSXV. 


Proceeds from the flow-through private placement will be used towards the 2011
exploration program on the Company's Castlegar Properties and the remaining
proceeds will be used towards general working capital.


About the Company 

Swift Resources is a mineral exploration company advancing the Castlegar Gold
Project in south-western British Columbia. For additional information about the
Company visit our website at www.swiftres.com. 


ON BEHALF OF THE BOARD OF DIRECTORS 

Mike Elson, President