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AMANTA ANNOUNCES PROPOSED NON-BROKERED PRIVATE PLACEMENT OF UP TO $1.5 MILLION
February 6, 2006

Vancouver, Canada - Amanta Resources Ltd. is pleased to announce a proposed non-brokered private placement financing of up to $1,500,000. The placement will comprise the sale of up to 5,000,000 Units, to be sold at $0.30 per Unit, subject to regulatory approval and closing. Each Unit consists of one common share and one-half share purchase warrant. Each whole Warrant entitles the holder to acquire one common share at an exercise price of $0.45 for 24 months from closing. The securities issued in the private placement will be subject to a hold period, which expires four months after closing. Proceeds of the financing will be used to advance the Company’s Doi Ngom Tungsten Project and Langu Gold Project, both in Thailand, and for working capital.

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

This press release is not an offer of securities for sale in the United States. The offer of the securities has not been and will not be registered under the United States Securities Act of 1933, as amended. Securities may not be offered or sold in the United States absent registration or an exemption from registration.

ON BEHALF OF THE BOARD OF
AMANTA RESOURCES LTD.

“Gerald D. Wright”

Gerald D. Wright,
President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this News Release.

 

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