New Dimension Resources Ltd. ("New Dimension" or the "Company") (TSX
VENTURE:NDR) is pleased to report that it has closed its non-brokered private
placement with the issuance of 7,115,000 Units at a price of $0.15 per Unit and
the issuance of 1,010,000 flow-through common shares at a price of $0.20 per
flow-through share for gross proceeds of $1,269,250. Each Unit is comprised of
one common share and one-half of one share purchase warrant. Each warrant is
exercisable for two years from the date of issuance to purchase an additional
common share of the Company for $0.25.


The funds will be used for drill programs at the Company's Domain Project in
Canada and Reese River Projects in Nevada, to fund other existing exploration
programs in Nevada and Peru, for new acquisitions and for general working
capital.


New Dimension paid finders fees in respect of certain purchasers of securities
introduced to the Company by the finder. The finders' fees equaled 7% of the
aggregate amount subscribed to by those purchasers (which totaled $1,250,250)
and were paid as to 3.5% in cash and 3.5% in Units, with these Units having the
same terms as the Units issued to the placees. The finders were also issued
560,700 broker's warrants, the warrants having the same terms as the warrants
issued under the Units.


The common shares issued and the common shares underlying the warrants are
subject to a four month hold period that expires on October 26, 2008.


About New Dimension Resources

New Dimension Resources Ltd. is engaged in the acquisition, exploration and
development of quality exploration opportunities throughout the Americas.
Currently, the Company's exploration activities are focused on mineral
properties situated in Nevada, Manitoba and Peru, with drilling currently
planned by New Dimension for the Domain gold property in Manitoba, at the Reese
River silver property in Nevada with a drill program to be conducted by our
joint venture partner at the Company's Trend property in Nevada.


ON BEHALF OF THE BOARD

NEW DIMENSION RESOURCES LTD.

Fred G. Hewett, P.Eng., President & CEO

This news release may contain forward looking statements which are not
historical facts, such as ore reserve estimates, anticipated production or
results, sales, revenues, costs, or discussions of goals and exploration
results, and involves a number of risks and uncertainties that could cause
actual results to differ materially from those projected. These risks and
uncertainties include, but are not limited to, metal price volatility,
volatility of metals production, project development, ore reserve estimates,
future anticipated reserves and cost engineering estimate risks, geological
factors and exploration results. See the Company's Sedar filings for a more
detailed discussion of factors that may impact expected results.
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