Kria Resources Closes Private Placement Financing

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


Kria Resources (TSX VENTURE:KIA) ("Kria" or the "Company") today announced the
completion of its previously announced non-brokered private placement financing
for aggregate gross proceeds of CAD$2,860,500.00. The financing involved the
issuance of 10,000,000 flow-through common shares (the "Flow-Through Shares")
and 4,302,500 common shares (the "Common Shares") at a price of $0.20 per
Flow-Through Share and $0.20 per Common Share. 


The gross proceeds from the sale of the Flow-Through shares will be used for
Canadian exploration expenses that qualify as Canadian Exploration Expenses
("CEE"), as such term is defined in the Income Tax Act and will be renounced for
the 2009 taxation year. The Company plans to use the net proceeds from the sale
of the Common Shares to continue development of its key projects, namely the
Halfmile Lake and Stratmat properties in New Brunswick, and for working capital
purposes.


In connection with the financing, the Company has paid cash finder's fees in the
amount of $171,630 and has issued 858,150 compensation warrants to acquire
858,150 Common Shares at an exercise price of $0.20 until December 18, 2011 to
arm's length third party finders.


The Flow-Through Shares, Common Shares, and Compensation Warrants issued
pursuant to the financing will be subject to a statutory hold period which will
expire on April 19, 2010.


In addition, Kria announces that it has granted 1,997,500 stock options to
various officers, directors and consultants of the Company. The options shall
vest immediately, have an exercise price of $0.24 and shall expire 5 years from
the date of the grant. The grant of options is subject to receipt of all
regulatory approvals.


About Kria Resources

Kria Resources is a base metal exploration and development company focused on
high-quality, advanced-stage base metal assets. Kria's primary asset is the
Halfmile Lake and Stratmat properties near Bathurst, New Brunswick. The Halfmile
Lake property has a NI 43-101 compliant Indicated mineral resource estimate of
6.26 million tonnes grading 8.13% zinc, 2.58% lead, 0.22% copper and 30.78 g/t
silver using a 5.0% capped zinc equivalent cut-off grade and an Inferred
resource estimate of 6.08 million tonnes grading 6.69% zinc, 1.83% lead, 0.14%
copper and 20.51 g/t silver using a 5.0% capped zinc equivalent cut-off grade. A
recently completed Preliminary Economic Assessment of the Halfmile Lake project
(the "PEA") estimates a pre-tax NPV of C$587 million and IRR of over 16%. The
PEA is preliminary in nature; it includes inferred mineral resources that are
considered too speculative geologically to have the economic considerations
applied to them that would enable them to be categorized as mineral reserves and
there is no certainty that the PEA will be realized. The Stratmat property has
an Inferred Mineral Resource estimate of 5.52 million tonnes grading 6.11% zinc,
2.59% lead, 0.40% copper and 54.21 g/t silver using a 5.0% zinc equivalent
cut-off grade.


Kria also has the Ruttan copper-zinc sulphide project near Leaf Rapids, Manitoba
that has an NI 43-101 compliant mineral inferred resource estimate of 19.75
million tonnes grading 1.17% copper and 1.47% zinc using a 1.0% capped copper
equivalent cut-off grade. Please refer to the Company's technical reports filed
on SEDAR for details regarding the NI 43-101 compliant resource estimates on
Halfmile, Stratmat and Ruttan.


Please visit our website at www.kriaresources.com for additional information.

Quality Control

The technical contents of this press release have been supervised and reviewed
by Steve Davies, P. Eng., Vice President Operations of Kria and Dayle Rusk, P.
Geo., Vice President Exploration of Kria, both of whom are Qualified Persons as
defined under NI 43-101 guidelines. 


Cautionary Note Regarding Forward-Looking Information 

This press release contains "forward-looking information" within the meaning of
applicable Canadian securities legislation. Forward-looking information
includes, but is not limited to, statements with respect to exploration
prospects, the private placement financing, completion of the private placement
financing, the use of proceeds, and interest of the investment community in the
Company. Generally, forward-looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not expect", "is
expected", "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates" or "does not anticipate", or "believes", or variations of such
words and phrases or state that certain actions, events or results "may",
"could", "would", "might" or "will be taken", "occur" or "be achieved".
Estimates regarding the projected economics of the projects are based on
research, experience and analysis of the management of the Company and external
advisors, which estimated are set out in detail in the PEA of the Halfmile Lake
project that is available under the Company's profile on SEDAR. Forward-looking
information is subject to known and unknown risks, uncertainties and other
factors that may cause the actual results, level of activity, performance or
achievements of the Company to be materially different from those expressed or
implied by such forward-looking information, including but not limited to:
general business, economic, competitive, political and social uncertainties; the
actual results of current exploration activities; timing and availability of
external financing on acceptable terms; conclusions of economic evaluations;
changes in project parameters as plans continue to be refined; future prices of
mineral prices; failure of plant, equipment or processes to operate as
anticipated; accidents, labour disputes and other risks of the mining industry;
and, delays in obtaining governmental approvals or required financing or in the
completion of activities. Although the Company has attempted to identify
important factors that could cause actual results to differ materially from
those contained in forward-looking information, there may be other factors that
cause results not to be as anticipated, estimated or intended. There can be no
assurance that such information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements.
Accordingly, readers should not place undue reliance on forward-looking
information. The Company does not undertake to update any forward-looking
information, except in accordance with applicable securities laws.