Sama Resources Inc. Announces CAN$2,565,000 Private Placement

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES NEWSWIRE SERVICES
OR FOR DISSEMINATION IN THE UNITED STATES 


Sama Resources Inc. (TSX VENTURE:SME) ("Sama" or the "Company") is pleased to
announce, subject to TSX Venture Exchange ("TSXV") approval, a non-brokered
private placement (the "Private Placement") with MMG Exploration Holdings
Limited (formerly MMR Exploration Limited) ("MMR"), a subsidiary of MMG Limited
(HKSE 1208), International Finance Corporation ("IFC") and others of 12,825,000
units (the "Units") at a price of CAN$0.20 per Unit, for total gross proceeds of
CAN$2,565,000. Each Unit will be comprised of one common share of the Company (a
"Share") and one-half of one share purchase warrant (a "Warrant"). Each whole
Warrant will entitle the holder thereto to purchase for a period of one year one
additional Share (a "Warrant Share") at an exercise price per Warrant Share of
CAN$0.30. On completion of the Private Placement it is contemplated that IFC
will hold in excess of 10% of the outstanding common shares of Sama. 


No finders' fees or commissions will be payable in connection with the Private
Placement. Net proceeds from the Private Placement will be used for the
advancement of the Company's exploration and development programs for the
Samapleu Project in Cote d'Ivoire and for general working capital purposes
related thereto. 


Sama is a Canadian-based mineral exploration and development company with
projects in West Africa. For more information about Sama, please visit Sama's
website at http://www.samaresources.com.


Forward Looking Statements

This release contains forward looking statements. More particularly, this
release contains statements concerning the anticipated Private Placement.
Although Sama believes that the expectations reflected in these forward looking
statements are reasonable, undue reliance should not be placed on them because
Sama can give no assurance that they will prove to be correct. Since forward
looking statements address future events and conditions, by their very nature
they involve inherent risks and uncertainties. The closing of the Private
Placement could be delayed if Sama is not able to obtain the necessary
regulatory and stock exchange approvals on the timelines it has planned. The
Private Placement will not be completed at all if these approvals are not
obtained or some other condition to the closing is not satisfied. Accordingly,
there is a risk that the Private Placement will not be completely sold,
completed within the anticipated time or at all. Additional information on these
and other factors that could affect Sama's operations and financial results are
included in reports on file with Canadian securities regulatory authorities and
may be accessed through the SEDAR website (www.sedar.com).


FOR FURTHER INFORMATION PLEASE CONTACT: 
Sama Resources Inc.
Dr. Marc-Antoine Audet
President and CEO
[phone]
[e-mail]


Sama Resources Inc.
Mr. Matt Johnston
[phone] or Toll Free: 1 [phone], Ext. 4
[e-mail]
www.samaresources.com