WPR

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White Pine Resources Inc. (TSX VENTURE:WPR) ("WPR") is pleased to announce that
it has closed its previously announced non-brokered private placement (the
"Offering") pursuant to which it has issued an aggregate of 4,000,000 units
("Units") at a price of $0.25 per Unit, to raise aggregate gross proceeds of
$1,000,000. Each Unit consists of one common share of WPR (a "Common Share") and
one-half of one share purchase warrant of WPR, each whole such share purchase
warrant entitling the holder thereof to acquire one additional Common Share for
a period of 24 months at an exercise price of $0.35 per share. Insiders of WPR
subscribed for an aggregate of 950,000 Units issued in the Offering. 


All of the securities issued and issuable in connection with the Offering are
subject to a statutory hold period expiring on April 10, 2011. The Offering
remains subject to the final approval of the TSXV. 


About White Pine Resources Inc.

White Pine Resources Inc. is a Canadian based mineral exploration Company
primarily focused on the exploration and development of mineral deposits in
Canada.


Forward Looking Statements - Certain information set forth in this news release
may contain forward-looking statements that involve substantial known and
unknown risks and uncertainties. These forward-looking statements are subject to
numerous risks and uncertainties, certain of which are beyond the control of
WPR, including, but not limited to the impact of general economic conditions,
industry conditions, and dependence upon regulatory approvals. Readers are
cautioned that the assumptions used in the preparation of such information,
although considered reasonable at the time of preparation, may prove to be
imprecise and, as such, undue reliance should not be placed on forward-looking
statements.

White Pine Resources Inc. (TSXV:WPR)
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