DOT Closes Financing With the MineralFields Group and Others

DOT Resources Ltd. (TSX VENTURE:DOT) ("DOT" or the "Corporation") and the
MineralFields Group are pleased to announce the completion of a private
placement of 14,234,332 flow-through units ("FT Units") of DOT at a purchase
price of C$0.06 per FT Unit for aggregate gross proceeds of C$854,059.92. Each
FT Unit consists of one flow-through common share and one non-flow-through
common share purchase warrant (a "Warrant"). Each Warrant shall be exercisable
into one common share of the Corporation for a period of two years from closing
of the financing, at a price of C$0.10 per share in year one and at C$0.12 in
year two. The FT Units and all securities comprising same or which they may be
converted are subject to a four month hold period expiring on January 23, 2010.


First Canadian Securities(R) was paid a 6% cash finder's fee of C$30,000 and
received 833,333 broker options (10% of FT Units sold) on part of the private
placement and Wolverton Securities Ltd. was paid a 6% cash finder's fee of
C$1,080 and received 30,000 broker options (10% of FT Units sold) on part of the
private placement. Each broker option entitles the holder to acquire one
additional Compensation Unit at an exercise price of C$0.06 per Compensation
Unit for the first year and thereafter at an exercise price of C$0.10 per
Compensation Unit for the second year. Each Compensation unit consists of one
non-flow-through common share and one non-flow-through common share purchase
warrant. Each warrant entitles the holder to acquire one additional common share
of the Corporation at an exercise price of C$0.10 for the first year and
thereafter at C$0.12 for the second year. 


The MineralFields Group acquired, indirectly or directly, 8,333,331 FT Units. On
a post closing basis, the MineralFields Group, directly or indirectly, owns or
controls 8,333,331 common shares of DOT representing approximately 15% of the
issued and outstanding common shares of DOT. In the event the MineralFields
Group exercises all of their outstanding warrants, broker options and
Compensation Units, the MineralFields Group will exercise ownership or control
in respect of 18,333,328 common shares or approximately 27.9% of the issued and
outstanding common shares of the Corporation. For purposes of this calculation
the Corporation's issued and outstanding common shares include the common shares
issuable upon exercise of all convertible securities owned or controlled by the
MineralFields Group at the time of the calculation as required by securities
law. The MineralFields Group has acquired the securities of the Corporation for
investment purposes and may from time to time acquire additional securities of
the Corporation, dispose of some or all of the existing or additional securities
they hold or will hold, or may continue to hold their current securities
position.


The proceeds of this financing will be used towards a fall geophysical and
drilling program on the Dot's Highland Valley District property in southern
British Columbia.


Since current insiders of the Corporation other than the MineralFields Group
purchased approximately 14.6% of the private placement, the private placement is
classified as a "related party transaction" as such term is defined in
Multilateral Instrument 61-101 ("MI 61-101"). The Corporation has relied upon
exemptions contained in MI 61-101, or an equivalent exemption under applicable
securities law, from certain requirements of MI 61-101, including the
requirement for a formal valuation and minority approval of the Offering.


"We are very pleased to be entering into this relationship with the
MineralFields Group", said John J. Komarnicki, President and CEO. "This is an
important milestone in the growth of DOT Resources Ltd. and we look forward to
working with MineralFields Group as we develop our holdings in the Highland
Valley District of southern British Columbia."


MineralFields Group (a division of Pathway Asset Management) based in Toronto
and Vancouver, is a mining fund with significant assets under administration
that offers its tax-advantaged super flow-through limited partnerships to
investors throughout Canada as well as hard-dollar resource limited partnerships
to investors throughout the world. Pathway Asset Management also specializes in
the manufacturing and distribution of structured products and mutual funds.
Information about MineralFields Group is available at www.mineralfields.com.
First Canadian Securities(R) is active in leading resource financings (both
flow-through and hard dollar PIPE financings) on competitive, effective and
service-friendly terms, and offers investment banking, mergers and acquisitions,
and mining industry consulting services to resource companies. MineralFields and
Pathway have financed several hundred mining and oil and gas exploration
companies to date through First Canadian Securities(R).


ABOUT DOT

DOT is a Canadian corporation currently focused on the exploration and
development of its copper property in central British Columbia. The Corporation
is planning to assess future copper and copper-gold properties for exploration
and development opportunities throughout North and South America. 


DOT shares trades on the TSX Venture exchange under the symbol DOT. The
Corporation's website can be accessed at www.dotresourcesltd.com. 


Forward-Looking Statements

Certain statements contained in this news release constitute "forward-looking
statements" as such term is used in applicable Canadian and US securities laws.
These statements relate to analyses and other information that are based on
forecasts of future results, estimates of amounts not yet determinable and
assumptions of management. In particular, the statement concerning the
completion of a fall drilling program and other factors or events described in
this news release should be reviewed as forward-looking statements to the extent
they involve estimates thereof.


Such forward looking statements involve known and unknown risks, uncertainties
and other factors which may cause the actual results, performance or
achievements of the Corporation to be materially different from any future
results, performance or achievements expressed or implied by such
forward-looking statements. Such risks and other factors include, among others,
the inability to complete a fall drilling program; general market conditions and
such other business risks as discussed herein and other publicly filed
disclosure documents. Although the Corporation has attempted to identify
important factors that could cause actual events or results to differ materially
from those described in forward-looking statements, there may be factors that
cause actions, events or results not to be as anticipated, estimated of
intended. There can be no assurance that such statements will prove to be
accurate as actual results and future events could vary or differ materially
from those anticipated in such statements. Accordingly, readers should not place
undue reliance on forward-looking statements contained in this news release.


Forward-looking statements are made based on management's beliefs, estimates and
opinions on the date the statements are made and the Corporation undertakes no
obligation to update forward-looking statements should these beliefs, estimates
and opinions or other circumstances change, except as required by applicable
law. Investors are cautioned that such forward-looking statements involve risks
and uncertainties. The forward-looking statements contained herein are expressly
qualified by this cautionary statement.
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