Mr. Daniel Rodriguez reports

EGR EXPLORATION LTD. ADOPTS SEMI-ANNUAL FINANCIAL REPORTING

EGR Exploration Ltd. has elected to rely on Coordinated Blanket Order 51-933 and move to semi-annual financial reporting.

Coordinated Blanket Order 51-933 allows eligible venture issuers listed on the TSX Venture Exchange to voluntarily move from a quarterly to a semi-annual financial reporting framework. EGR's fiscal year ends on March 31. Under the SAR pilot program, the company will be exempt from filing interim financial reports and related management's discussion and analysis for its first and third quarters.

• Interim period: The company will not file an interim report for the first quarter ending June 30 and the third quarter ending Dec. 31.
• Continuing reporting: The company will continue to file audited financial statements (due within 120 days of March 31) and six-month interim financial reports (due within 60 days of Sept. 30).

EGR confirms it meets the pilot program's eligibility criteria, which include being a venture issuer with annual revenues of less than $10-million and maintaining a clean 12-month continuous disclosure record.

This news release is being filed pursuant to Coordinated Blanket Order 51-933 (Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers).

About EGR Exploration Ltd.

EGR Exploration is exploring for gold in the Detour-Fenelon gold trend, approximately 300 kilometres north of Timmins, Ont. EGR's Detour West gold project is contiguous to Agnico Eagle's property, which contains the Detour Lake gold mine and is approximately 20 kilometres from the mine, which is also hosted in the Abitibi greenstone belt.