Renforth Resources Inc. (CNSX:RFR) ("Renforth" or the "Company") is pleased to
announce the closing of a private placement offering for aggregate gross
proceeds of $460,000. The Company issued 6,133,334 Units at a price of $0.075
per Unit. Each Unit is comprised of one flow-through share and one-half of one
common share purchase warrant. Each full warrant entitles the holder to acquire
one additional common share of the Company at a price of $0.12 per share for a
period of 24 months from closing. 


A finder's fee equal to 8% of the gross proceeds raised, in addition to the
issuance of a number of Broker Warrants equal to 8% of the number of Units
issued, was paid to qualifying arms length finders totaling $36,800 and 490,666
Broker Warrants. Each Broker Warrant entitles the holder to acquire one
additional non flow-through common share of the Company at a price of $0.12 for
a period of 12 months. 


Proceeds from the financing will be allocated towards the planned exploration
and drill program at the Company's New Alger gold project in Quebec in late
November and December of 2010. 


The offering was made to residents of Canada in reliance upon applicable
exemptions from registration and prospectus requirements. The closing of the
flow-through private placement remains subject to the receipt of all required
regulatory approvals, including the approval of the Canadian National Stock
Exchange (CNSX). All securities issued or to be issued pursuant to the offering
are or will be subject to a hold period of four months from the date of closing 


About Renforth 

Renforth Resources Inc. is a Toronto-based diamond, base metals and precious
metals exploration company with significant concessions in the McFaulds Lake
"Ring of Fire" discovery area of north-eastern Ontario as well as Spain.
Renforth has five diamondiferous kimberlites referred to as the Kyle
kimberlites: two are at the commercial bulk-sampling stage; the remaining three
are targeted for specific follow-up drilling and economic evaluation. 


Additional mineral claims lie between ten and twenty kilometres from Noront
Resources Ltd.'s recent base metal discoveries at its Double Eagle Project. The
Company also has now acquired the Mina Maria Luisa project located in
Southwestern Spain, approximately 30 kilometres from the Aguas Tenidas Mine.
Renforth intends to drill targets at Mina Maria Luisa in 2011, and also has
significant planned drilling of the New Alger Gold project located in Quebec in
late 2010.


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