LHC

Long Harbour Exploration Corp. (TSX VENTURE:LHC) reports that the non-brokered
private placement announced in its news release of February 27, 2012 has closed,
raising gross proceeds of $ 200,000 by the issuance of 1,333,335 units. Finders
have been paid $12,000 and issued non-transferable finder's warrants, having the
same exercise price and terms as the share purchase warrants issued to the
investors, for the purchase of 80,000 common shares.


A hold period applies to all of the securities issued in the private placement,
expiring on July 20, 2012.

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