AMANTA CLOSES $2.4M PRIVATE PLACEMENT
May 15, 2007

Vancouver, B.C. Canada – Amanta Resources Ltd. is pleased to confirm that it has closed its previously announced non-brokered private placement financing of 7,463,700 units (the “Units”) of the Company at a price of $0.32 per unit, for gross proceeds of $2,388,384.  Each Unit consists of one common share and one half of a non-transferable share purchase warrant. Each warrant entitles the holder to purchase one common share of the Company at a price of $0.45 per share for a period of 18 months from closing.

The offering, which originally consisted of 6,250,000 units at a price of $0.32 per unit for gross proceeds of up to $2,000,000, was increased by approximately 20% to facilitate investor demand. Amanta is pleased with this demonstration of investor confidence in the Company and the progress being made at its Langu Gold and Lanna Tungsten projects.

The Company has agreed to pay finders’ fees in connection with this financing. Finders’ fees totaled $125,975.04 in cash and 295,002 warrants. The warrants are exercisable at a price of $0.32 per share for a period of 18 months from closing. All of the securities are subject to a hold period expiring September 15, 2007.

Proceeds from the private placement will be used to conduct an initial drill program at the Company’s Mae Lama Tungsten property, to accelerate the drill program currently underway on the Company’s Langu Gold Project and for general working capital purposes.

Amanta Resources Ltd. is focused on mineral exploration, development and production in Thailand and the Southeast Asian region.  The Company concentrates on the systematic evaluation of known mineral occurrences, rather than "greenfields" exploration, creating early opportunities to finance and develop mines.

ON BEHALF OF THE BOARD OF
AMANTA RESOURCES LTD.

“Gerald D. Wright”

Gerald D. Wright,
President and Chief Executive Officer

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