LONG HARBOUR EXPLORATION CORP. (TSX VENTURE:LHC) (the "Company") has decided not
to follow through on a proposed investment into a 70% owned joint venture
focused on the air cargo container sector. As the Company will not pursue the
opportunity announced in a November 21, 2012 news release it will not undertake
the non-brokered unit private placement at a price of $0.15 per unit, for gross
proceeds of up to $500,000. 


The Company currently holds two uranium properties in the Athabasca Basin, the
world's leading source of high-grade uranium and is encouraged by the
strengthening of the uranium sector. It will also continue to review
opportunities deemed value-added to its investors. 


Long Harbour CEO, Peter Espig, commented, "Though the opportunity provided
potential it became evident that it was in the Company's best interest to focus
on its current assets and to pursue other opportunities. Though the Company
intends to conduct a private placement in the near future we did not feel it
appropriate to conduct one at this time as it may be perceived to be associated
with the joint venture proposal." 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Long Harbour Exploration Corp.
Peter Espig
CEO
778-385-1213
peter@triasiapartners.com
www.longharbourexploration.com

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