Mr. Nader Vatanchi reports

SPEY RESOURCES CORP. ANNOUNCES PRIVATE PLACEMENT OF UNITS

Spey Resources Corp. has arranged a non-brokered private placement offering of up to six million units at a price of five cents per unit for aggregate gross proceeds of up to $300,000.

Each unit will be composed of one common share and one-half of one transferable common share purchase warrant. Each warrant entitles the holder to acquire an additional common share at a price of six cents per common share for a period of five years from the closing of the offering.

The company may pay finders' fees to eligible finders in connection with the offering.

The proceeds raised from the offering are expected to be used for working capital and general corporate purposes. All securities to be issued under the offering will be subject to a four-month hold period in accordance with applicable Canadian securities laws.

About Spey Resources Corp.

Spey Resources is a Canadian lithium-focused mineral exploration company which has an 80-per-cent interest in the Candela II lithium brine project located in the Incahuasi salar, Salta province, Argentina. Spey Resources also holds a 100-per-cent interest in the Kaslo silver project, west of Kaslo, B.C.

We seek Safe Harbor.