2005

Private Placement

VANCOUVER, BRITISH COLUMBIA--SKN Resources Ltd. ("SKN") advises that due to market interest the non-brokered private placement announced February 14 th is being increased from 500,000 Units to 1,500,000 Units all at $1.50 per Unit. Each Unit is comprised of one common share and one-half share purchase warrant. Each whole warrant will entitle the holder to acquire one additional common share at a price of $1.75 per share for a period of one year. A finders fee is payable on 1,000,000 of the Units to Leede Financial Markets Inc. The finders fee is comprised of 7% of the proceeds, payable in cash ($105,000), together with 50,000 warrants (5%) exercisable at $1.75 for one year.

The placement and finders fee agreement are subject to regulatory approval. Proceeds will be used for general corporate purposes.

For further information:SKN RESOURCES LTD., Rui Feng, Chairman & CEO
Phone: (604) 669-9397, Fax: (604) 669-9387, Email: info@sknresources.com, Website: www.sknresources.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.