News Release

First Source Resources Inc. To Trade On TSX Venture Exchange

February 27, 2008

FIRST SOURCE RESOURCES INC. ("FSR")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: February 27, 2008
TSX Venture Tier 2 Company

The Company's Initial Public Offering ('IPO') Prospectus dated December 7, 2007, has been filed with and accepted by TSX Venture Exchange, and filed with and receipted by the British Columbia, Alberta, Saskatchewan and Ontario Securities Commissions on December 12, 2007, pursuant to the provisions of the applicable Securities Acts.

The gross proceeds received by the Company for the Offering were $510,000 (1,700,000 common shares at $0.30 per share). The Company is classified as a 'Mineral Exploration' company.

Commence Date: At the opening Thursday, February, 28, 2008, the Common shares will commence trading on TSX Venture Exchange.

Corporate Jurisdiction: British Columbia

Capitalization: Unlimited common shares with no par value of which 7,740,955 common shares are issued and outstanding.
Escrowed Shares: 3,687,617 common shares are subject to 36 month staged release escrow

Transfer Agent: Computershare Investor Services Inc.
Trading Symbol: FSR
CUSIP Number: 33650K 10 9

Agent: Union Securities Ltd.

Agent's Warrants: 119,000 non-transferable share purchase warrants. One warrant to purchase one share at $0.30 per share for a 12 month period.

For further information, please refer to the Company's Prospectus dated December 7, 2007.

Company Contact: Peter Smith, President
Company Address: #1105 - 1068 Hornby Street, Vancouver, BC V6Z 1V6

Company Phone Number: (604) 683-7031
Company Fax Number: (604) 608-9383
Company Email Address: info@firstsourceresources.com