HUDSON RESOURCES INC. (“Hudson” – TSX Venture Exchange “HUD”) has

closed its previously announced non-brokered private placement in the amount of $5,000,000.

A total of 6,250,000 Units (“Units”) were issued at a price of $0.80 per Unit. Each Unit is

comprised of one fully paid and non-assessable common share (a “Share”) in the capital of the

Company and one-half of one transferable common share purchase warrant (a “Warrant”).

Each whole Warrant entitles the holder thereof to purchase one additional Share (a “Warrant

Share”) in the capital of the Company up to April 6, 2012 at an exercise price of $1.20 per

Warrant Share. In certain events, the Company can accelerate the expiry date of the Warrants if

the common shares trade above a weighted average of $2.00 for 20 days. Both the common

shares issued as part of the Units and any common shares issued upon exercise of the

Warrants are subject to a hold period, which expires on August 7, 2010 and, such common

shares may not be traded until August 7, 2010, except as permitted by the Securities Act (British

Columbia) and the Rules made thereunder and the TSX Venture Exchange. The Company paid

$196,900 in fees in connection with this private placement.