Tenajon Closes Gold Asset Sale to Kansas Partner

Tenajon Resources Corp. (TSX VENTURE:TJS) ("Tenajon") and Pinnacle Mines Ltd.
("Pinnacle") are pleased to announce that they have closed the transaction
announced on April 21, 2008 and Pinnacle has now purchased Tenajon's wholly
owned subsidiary, 0781639 B.C. Ltd. (the "Corporation"). The Corporation holds
an undivided 40% ownership interest in and to the Kansas Claim and a 100%
ownership interest in and to the Summit Lake property. Pinnacle purchased the
Corporation for an aggregate deemed purchase price of approximately $3,015,000
(the "Acquisition"). The Kansas Claim and the Summit Lake property are both
located near Stewart, British Columbia. Pinnacle now owns a 70.6% interest in
and to the Kansas Claim and 100% of the Summit Lake Property. The remaining
29.4% undivided interest in the Kansas Claim is owned by Mountain Boy Minerals
Ltd.


Based on a NI 43-101 compliant Technical Report on the Silver Coin Property
(which encompasses the Kansas Claim) prepared by Minefill Services, Inc. of
Seattle, WA in April 2007, upon completion of the purchase, Pinnacle will have
control over 70.6% of 364,307 ounces of gold resources in the measured and
indicated category (7,597,054 tonnes grading 1.492 g/t gold) plus 719,599 ounces
of gold resources in the inferred category (10,776,659 tonnes grading 2.077 g/t
gold) on the Kansas Claim and now own 100% of the past producing Summit Lake
gold property. On the entire Silver Coin property, Pinnacle controls
approximately 67.8% of 423,003 ounces of gold resources in the measured and
indicated category (9,707,497 tonnes grading 1.355 g/t gold) plus approximately
65.8% of 947,988 ounces of gold resources in the inferred category (15,947,629
tonnes grading 1.849 g/t gold).


D. Bruce McLeod, President and CEO of Tenajon stated "We are pleased to complete
this transaction which has successfully consolidated the ownership of two highly
prospective gold assets within the Stewart camp, and will allow Tenajon
shareholders to directly benefit from further success in exploring and
developing the Silver Coin and Summit Lake properties."


"We are very happy to complete the acquisition and excited about advancing the
further potential of both projects. As announced by Pinnacle on May 15th, a $2.5
Million exploration program is currently underway on Silver Coin including
Kansas which is aimed at expanding the known resource" said Paul Saxton,
President and CEO of Pinnacle Mines Ltd.


Pinnacle has issued 13,500,000 fully paid shares of Pinnacle ("Pinnacle Shares")
and shall reimburse Tenajon up to $200,000 in cash in respect of reclamation
deposits, exploration costs incurred by Tenajon on the Summit Lake property and
certain other expenses. Under the terms of the Acquisition, Tenajon is required
to distribute the Pinnacle Shares to its shareholders on a pro-rata basis by way
of a plan of arrangement (the "Arrangement"). The Pinnacle Shares are subject to
a four month hold period expiring October 12, 2008. Tenajon has granted to the
management of Pinnacle a voting proxy on all of the Pinnacle Shares, which shall
expire on completion of the Arrangement. Tenajon has also granted Pinnacle an
option to purchase the 3% net smelter royalty held by Tenajon on the Summit Lake
property by payment to Tenajon of $115,000 in cash.


Tenajon shareholders shall receive approximately one share of Pinnacle for each
4.68 shares of Tenajon which they hold based on the current number of Tenajon
shares issued and outstanding. The number of shares to be distributed will be
subject to an adjustment based on the actual share structure at the record date
of October 13, 2008.


The technical information in this news release has been prepared in accordance
with Canadian regulatory requirements set out in National Instrument 43-101 and
reviewed by A. Alex Walus, M. Sc., P. Geo. of Pinnacle Mines Ltd., a Qualified
Person as defined by NI 43-101.


On Behalf of the Board of Directors

TENAJON RESOURCES CORP.

D. Bruce McLeod, President

Cautionary Statement Regarding Forward-Looking Information

All statements, trend analysis and other information contained in this press
release relative to markets about anticipated future events or results
constitute forward-looking statements. Forward-looking statements are often, but
not always, identified by the use of words such as "seek", "anticipate",
"believe", "plan", "estimate", "expect" and "intend" and statements that an
event or result "may", "will", "should", "could" or "might" occur or be achieved
and other similar expressions. Forward-looking statements are subject to
business and economic risks and uncertainties and other factors that could cause
actual results of operations to differ materially from those contained in the
forward-looking statements. Forward-looking statements are based on estimates
and opinions of management at the date the statements are made. The Company does
not undertake any obligation to update forward-looking statements even if
circumstances or management's estimates or opinions should change. Investors
should not place undue reliance on forward-looking statements.
Tenajon Resources Com Npv Class A (TSXV:TJS)
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