News Release

Corsa Capital Ltd. To Trade On TSX Venture Exchange

April 16, 2008

CORSA CAPITAL LTD. ("CSO")
BULLETIN TYPE: New Listing-IPO-Shares
BULLETIN DATE: April 16, 2008
TSX Venture Tier 2 Company

The Company's Initial Public Offering ('IPO') Prospectus dated February 28, 2008, has been filed with and accepted by TSX Venture Exchange Inc., and filed with and receipted by the British Columbia, Alberta and Ontario Securities Commissions on March 4, 2008, pursuant to the provisions of the applicable Securities Acts.

The gross proceeds received by the Company for the Offering were $1,225,000 (3,500,000 common shares at $0.35 per share). The Company is classified as a 'Mining' company.

Commence Date: At the opening April 17, 2008, the Common shares will commence trading on the TSX Venture Exchange Inc.

Corporate Jurisdiction: Canada

Capitalization: Unlimited common shares with no par value of which 12,648,910 common shares are issued and outstanding.
Escrowed Shares: 4,940,910 common shares and 494,091 share purchase warrants are subject to a 36 month staged release escrow

Transfer Agent: Pacific Corporate Trust Company
Trading Symbol: CSO
CUSIP Number: 220402 10 1

Agent: Canaccord Capital Corp.

Agent's Warrants: 350,000 Agent's Options. Each Agent's Option entitles the Agent to purchase one common share in the capital of the Company at a price of $0.35 per common share for a period of 24 months from the date of Closing of the IPO. The Agent is also entitled to receive Agent's Options equal to 10% of any common shares sold on any over-allotment.

Greenshoe Option: The Company has granted Agent an option exercisable for a period of up to sixty days from the date of Closing of the IPO to purchase up to an additional 15% of the Offering at the Offering Price to cover over-allotments, if any.

For further information, please refer to the Company's Prospectus dated February 28, 2008.

Company Contact: Selina Collins
Company Address: 1440 - 625 Howe Street, Vancouver, BC V6C 2T6

Company Phone Number: (604) 646-4527
Company Fax Number: (604) 646-4526