IXI Indigo Explorations Inc

Indigo Exploration Inc. (TSX VENTURE:IXI) reports that further to its news
release of June 28, 2010 announcing the closing of a private placement of
subscription receipts, the gross proceeds of $1,037,000 received from the sale
of 5,185,000 subscription receipts (the "Subscription Receipts") at a price of
$0.20 per Subscription Receipt have been released from escrow by Computershare
Trust Company of Canada ("Computershare"), acting as subscription receipt agent.
Computershare has issued 5,185,000 common shares (the "Shares") of the Company
and 5,185,000 non-transferable share purchase warrants (the "Warrants") upon
conversion of the Subscription Receipts. Each Warrant entitles the holder to
purchase one additional share of the Company at a price of $0.30 per share until
June 25, 2011. If during the exercise period of the Warrants the closing price
of the Company's shares is $0.45 per share or higher for 20 consecutive trading
days, the Company may accelerate the expiry time of the Warrants to 20 calendar
days from the date written notice of same is provided to the holders. The Shares
and Warrants are subject to resale restrictions until October 26, 2010.


The Subscription Receipts were sold on a private placement basis. In connection
with the offering of the Subscription Receipts, the Company has paid finder's
fees to certain finders. An aggregate of $78,960 was paid to finders and an
aggregate of 344,800 finder's warrants (the "Finder's Warrants") were issued to
finders. Each Finder's Warrant entitles the holder to acquire one common share
of the Company at a price of $0.30 per share until June 25, 2011. If during the
exercise period of the Finder's Warrants the closing price of the Company's
shares is $0.45 per share or higher for 20 consecutive trading days, the Company
may accelerate the expiry time of the Finder's Warrants to 20 calendar days from
the date written notice of same is provided to the holders. The Finder's
Warrants are subject to resale restrictions until October 31, 2010.


On Behalf of the Board of Directors,

R.Tim Henneberry, P.Geo., President and CEO

Forward-Looking Statements

This press release contains forward-looking statements. All statements, other
than statements of historical fact, constitute "forward-looking statements" and
include any information that addresses activities, events or developments that
Indigo believes, expects or anticipates will or may occur in the future
including Indigo's strategy, plans or future financial or operating performance
and other statements that express management's expectations or estimates of
future performance.


Forward-looking statements are generally identifiable by the use of the words
"may", "will", "should", "continue", "expect", "anticipate", "estimate",
"believe", "intend", "plan" or "project" or the negative of these words or other
variations on these words or comparable terminology. All such forward-looking
information and statements are based on certain assumptions and analyses made by
Indigo's management in light of their experience and perception of historical
trends, current conditions and expected future developments, as well as other
factors management believes are appropriate in the circumstances. These
statements, however, are subject to known and unknown risks, uncertainties and
other factors that may cause the actual results, level of activity, performance
or achievements of Indigo to be materially different from those expressed,
implied by or projected in the forward-looking information or statements.
Important factors that could cause actual results to differ from these
forward-looking statements include but are not limited to: inability to enter
into a final binding agreement with respect to Sanu Burkina, risks related to
the exploration and potential development of Indigo's projects, risks related to
international operations, the conclusions of economic evaluations, changes in
project parameters as plans continue to be refined, future prices of gold, as
well as risk factors discussed in certain of Indigo's continuous disclosure
documents filed on SEDAR.


There can be no assurance that any forward-looking statements will prove to be
accurate, as actual results and future events could differ materially from those
anticipated in such statements. Accordingly, the reader should not place any
undue reliance on forward-looking information or statements. Except as required
by law, Indigo does not intend to revise or update these forward-looking
statements after the date of this document or to revise them to reflect the
occurrence of future unanticipated events.

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