Rackla Metals Arranges $250,000 Flow-Through Private Placement

Rackla Metals Inc. (TSX VENTURE:RAK) is pleased to announce that it has
arranged, subject to TSX Venture Exchange approval, a non-brokered private
placement financing of up to 5.0 million flow-through units at $0.05 per unit,
for proceeds of up to $250,000. Each unit will consist of one flow-through
common share and one warrant entitling the holder to purchase one additional
common share of the Company (non flow-through) at $0.05 for one year from
closing. 


The Company may pay finder's fees on a portion of the financing, payable in cash
or units, plus finder's warrants which will be exercisable into one common share
of the Company at a price of $0.05 for one year from closing.


The net proceeds of the placement will be used towards exploration of the
Company's properties in the Yukon Territory. 


About Rackla

Rackla Metals controls a portfolio of promising gold projects across Yukon
Territory, including two extensive claim blocks in the Rackla belt, an emerging
trend of Carlin type gold systems in east-central Yukon, the Sixty Mile project
near Dawson City, and the King Solomon's Dome Property in the heart of the
Klondike goldfields. 


ON BEHALF OF THE BOARD

Simon Ridgway, President and CEO

Neither the TSX Venture Exchange nor the Investment Industry Regulatory
Organization of Canada accepts responsibility for the adequacy or accuracy of
this release.


Forward-Looking Statement

Some of the statements in this news release contain forward-looking information
that involves inherent risk and uncertainty affecting the business of the
Company. Actual results may differ materially from those currently anticipated
in such statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Rackla Metals Inc.
Ralph Rushton
[phone]
[phone] (FAX)
[e-mail]
www.racklametals.com