Sniper Resources Ltd V.SIP

SNIPER Resources Commences Trading

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VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/21/10 -- SniperResources Ltd. ("Sniper" or the "Company") is pleased to announce thatin connection with the closing of its initial public offering, it hassubmitted its final filings with the TSX Venture Exchange and expectsthat the Company's common shares will commence trading on the TSXVenture Exchange on Tuesday, October 26, 2010 under the trading symbol"SIP".

Sniper Resources Ltd.

Scott Baxter, Chief Executive Officer

For further information, please visit the Company's website (www.sniperresources.com).

Contacts:
Sniper Resources Ltd.
Scott Baxter
[phone] or Toll free: 1-888-737-2454
[phone] (FAX)
[e-mail]
www.sniperresources.com