Supreme Appoints New Director Clarifies Investor Relations Agreement

(via Thenewswire.ca)

Supreme Resources Ltd. (SPR.V - SPRWF-OTC) ("Supreme" or the "Company") is pleased to announce the appointment of Jamie Smith to the Board of Directors. Mr. Smith has successfully owned and operated a fishing resort for 25 years, as well as working as a licensed realtor in the real estate market for 16 years.

The Company also announces that Sean Marsden has resigned as a director, Chief Financial Officer and Secretary of the Company. Mr. Marsden was elected to the Board at the Company's annual general meeting of shareholders held on December 9, 2011. Since that time Mr. Marsden has found that he is unable to devote sufficient time and efforts required to perform his duties, due to other demands on his time. As a result he does not feel it is in the best interests of the Company to continue. Maureen York, a director of the Company, has agreed to fill the position of Chief Financial Officer. The Company is in the process of recruiting another director to join the Board and expects to make an announcement within the next week.

Investor Relations Agreement

At the request of the TSX Venture Exchange, the Company would also like to clarify the following disclosure about Atlanta Capital Partners, LLC, which firm was retained in March 2010 to provide investor relations services:

In a news release dated March 18, 2010 the Company disclosed the following:

"Supreme Resources Ltd. announced it has retained the services of Atlanta Capital Partners, LLC to assist with its investor relations effort in the United States. Atlanta Capital Partners helps public companies, private companies and venture capital firms communicate with Wall Street, investors and the media."

In a news release dated March 31, 2010 the Company stated the following:

"On March 18, 2010 the Company announced it had retained the services of Atlanta Capital Partners LLC of Atlanta, Georgia, to assist with its investor relations effort in the United States. The Company confirms that the agreement is for an initial period of three months, subject to renewal at the mutual agreement of both parties. Atlanta Capital Partners LC will receive a fee of $12,500 during the term of the Agreement. The agreement is subject to review and approval by the TSX Venture Exchange."

The Company advises that payment was based on a verbal agreement and not on a written agreement, although a proposal was received from Atlanta Capital Partners, LLC ("Atlanta"). More accurately, the payment was based upon only what might be described as an agreement to agree. Once Atlanta received payment of the $12,500, Atlanta refused to respond to the Company's email or telephone communications. Requests for documentation required by the policies of the TSX Venture Exchange in order for the Company to seek approval to the foregoing agreement were ignored. To the best of the Company's knowledge, Atlanta did not provide any investor relations services. To date the Company has not been able to contact Atlanta.

About Supreme Resources Ltd.:

Supreme Resources Ltd. is a junior exploration company with advanced base and precious metals projects located in producing mining districts of British Columbia, Canada. Supreme Resources' goal is to increase shareholder value by developing exploration projects that have the potential of becoming new discoveries.

Website: www.supremeresourcesltd.com

Further news will be forthcoming in the near future.

ON BEHALF OF THE BOARD

"Allan Levien"

Allan Levien

President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Statements in this press release other than purely historical factual information, including statements relating to revenues or profits, or the Company's future plans and objectives, or expected sales, cash flows, and capital expenditures constitute forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in the technology history. There can be no assurance that such forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on such statements. Except in accordance with applicable securities laws, the Company expressly disclaims any obligation to update any forward-looking statements or forward-looking statements that are incorporated by reference herein. This news release does not constitute an offer to sell, or a solicitation of an offer to buy any of the Company's securities set out herein in the United States, or to, or for the benefit or account of, a U.S. Person or person in the United States.

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