Makena Closes First Tranche of Private Placement

Makena Resources Inc. ("MKN", "Makena" or the "Company") (TSX VENTURE:MKN) has
closed the first tranche of a non-brokered private placement consisting of
5,091,667 units at $0.12 per unit for gross proceeds of $611,000. Each unit
consists of one common share and one transferable share purchase warrant
exercisable at $0.18 per share for a period of five years. Finders' fees of
$29,040 and 242,000 B warrants were paid in connection with the first tranche of
this private placement. Each B warrant is non-transferable and exercisable into
one common share at $0.18 for five years from closing. The units and the B
warrants in this private placement will have a hold period that expires on
February 25, 2014. 


Makena will commence the closing process of the final tranche of this private
placement by the end of this week. If you have any questions regarding this
financing please call the Company directly. 


Recently, Makena acquired three uranium claim blocks totalling 6,687 hectares
(16,524 acres), which are all located in the Athabasca Basin. The west block
directly borders the recent discovery at the Patterson Lake South Prospect
("PLS") of Alpha Minerals Inc.'s and Fission Energy Corp.'s. The other two
blocks are in the direct vicinity of the discovery (please refer to maps on the
Company's website www.Makenaresourcesinc.com. Management is anticipating the
start of operations on this new project in the coming weeks. 


Negar Adam, President of Makena stated, "We are pleased to close the first
tranche of the placement and will commencing the process to close the final
tranche at the end of this week. This will enable Makena to initiate the work
program on the Patterson Uranium Claims that borders Alpha's and Fission's PLS
discovery."


Negar Adam, President, Director

Makena Resources Inc.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Makena Resources Inc.
Negar Adam
President, Director
1.604.685.5150
1.604.689.1733 (FAX)
www.makenaresourcesinc.com