Admiral Bay Resources Announces Initial Closing of Private Placement

Admiral Bay Resources Inc. ("Admiral Bay" or the "Company") (TSX VENTURE:ADB)
announced today the initial closing on May 15, 2009 of its previously announced
private placement of up to $2,000,000 (CDN). The initial closing is in an amount
of $1,662,111 (CDN) with a second closing expected on or before May 30, 2009.


The placement, priced at $0.064 (CDN) per unit, will raise up to $2,000,000
(CDN). Each unit will consist of one common share of Admiral Bay and one-half
warrant which will entitle the holder to purchase one additional common share at
$0.09 (CDN) per share for a term of twelve (12) months and one-half warrant
which will entitle the holder to purchase one additional common share at $0.128
(CDN) per share for a term of twenty-four (24) months. Further details of the
offering can be found in the official Subscription Agreement available to
accredited investors from the Company. The Company paid a finder's fee of
$60,065 and warrants to purchase that number of shares of the Company equal to
5% of the warrants issued to purchasers introduced to the Company by the finder,
which finder's warrants have the same terms as the private placement warrants.


All shares and warrants issued in connection with the private placement are
subject to a four month hold period expiring on September 16, 2009. If any of
the warrants are exercised before September 16, 2009, the shares issued on
exercise will be subject to a four month hold period expiring on September 16,
2009.


Net proceeds of the offering will fund the previously announced LV Neodesha
(Thayer) acquisition of natural gas assets in the Kansas Cherokee Basin and for
general corporate purposes.


Admiral Bay Resources Inc. (www.admiralbay.com) is an emerging unconventional
gas production company focused on the development of projects in the Cherokee
Basin in southeast Kansas and the Appalachian Basin in Pennsylvania. Admiral Bay
is listed on the TSX Venture Exchange under the symbol ADB.


Statements in this release that are not historical facts are "forward-looking
statements" within the meaning of the U.S. Private Securities Litigation Reform
Act of 1995. Readers are cautioned that any such statements are not guarantees
of future performance and that actual developments or results may vary
materially from those in these "forward-looking statements".

Admiral Bay Resources Inc. (TSXV:ADB)
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