LHC

Long Harbour Exploration Corp. (TSX VENTURE:LHC) reports that the non-brokered
private placement announced in its news releases of March 8th and June 11th,
2011 has closed raising gross proceeds of approximately $361,500 by the issuance
of 1,807,500 units. In connection with the offering, the company paid cash
finder's fees totaling $12,230 and issued finder's warrants for the purchase of
a total of 61,600 common shares of the company with the finder's warrants, which
are non-transferable, otherwise having the same attributes as the share purchase
warrants issued to investors as part of their units.


A hold period applies to all of the securities issued in the private placement,
expiring on November 11, 2011.

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