Chapleau Resources Ltd.: Company Closes Recently Announced Private Placement

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


Chapleau Resources Ltd. (TSX VENTURE:CHI) - Further to the Company's news
release dated May 14, 2008, the Company is pleased to announce that it has
received TSX Venture Exchange approval for and closed its private placement in
respect to 2,000,000 units, at the price of $0.45 per unit, to raise proceeds of
$900,000. All of the shares, warrants and any shares issued upon exercise of the
warrants comprising the units are subject to a hold period and may not be traded
in British Columbia until September 24, 2008 except as permitted by the
Securities Act (British Columbia) and the Rules made thereunder and the TSX
Venture Exchange.


BY ORDER OF THE BOARD OF DIRECTORS OF

CHAPLEAU RESOURCES LTD.

James Stypula, CEO & Director

This news release may contain forward-looking statements including but not
limited to comments regarding the timing and content of upcoming work programs,
geological interpretations, receipt of property titles, potential mineral
recovery processes, etc. Forward-looking statements address future events and
conditions and therefore, involve inherent risks and uncertainties. Actual
results may differ materially from those currently anticipated in such
statements.