Stingray Warrants Commence Trading on the TSX Venture Exchange

TORONTO, ONTARIO--(CCNMatthews - April 26, 2007) - Stingray Resources Inc. ("Stingray" or the "Company") (TSX VENTURE:SRY)(TSX VENTURE:SRY.WT) is pleased to announce trading of the Stingray Warrants on the TSX Venture Exchange under the symbol "SRY.WT". Each Stingray Warrant is exercisable until April 24, 2009 into one common share of Stingray at an exercise price of $1.80. At the commencement of trading there are 20,850,000 Stingray Warrants issued and outstanding.



TSX Venture Symbol: Common Shares - "SRY" Issued: 54,506,330 common shares
Warrants - "SRY.WT" 20,850,000 warrants

 

Certain Statements presented herein may constitute "forward-looking statements". Such forward-looking statements may include potential mineralization, resources and reserves, conclusions of prefeasibility and feasibility studies, estimates of future production, capital and operating costs, prices of metals and other known and unknown risks. These and other factors and uncertainties may cause material differences from future results as expressed or implied by these forward-looking statements. These risks, uncertainties and other factors include but are not limited to the risks involved in the exploration, development and mining business.


THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURANCY OF THIS NEWS RELEASE.

Steve Brunelle
Vice President
(416) 368-6240

or

Stingray Resources Inc.
Peter Mordaunt
President & Chairman
(416) 368-6240
(416) 368-7141 (FAX)
Email: info@stingrayresources.com
Website: www.stingrayresources.com