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Re:   News Releases - Friday, May 29, 2009
      Copper Ridge Financing
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Vancouver, BC, May 29, 2009 -- Copper Ridge Explorations Inc. ("Copper
Ridge" or the "Company") announces that it has entered into a
subscription and distribution agreement (the "Agreement") with Platoro
West Holdings Inc. (CNSX: PWH) ("Platoro") pursuant to which Platoro
will subscribe, on a non-brokered private placement basis, for up to
100,000,000 common shares of Copper Ridge at a price of $0.03 per
common share for up to $3,000,000. The amount of the private placement
is subject to adjustment in certain circumstances.

Following the closing of the financing, Platoro will distribute the
Copper Ridge shares received to its shareholders.

Closing of the Agreement is subject to several conditions precedent
including:

- receipt of all required regulatory approvals;
- Copper Ridge having disposed of its gold properties; and
- Platoro having obtained a Court order allowing for the distribution
of the Copper Ridge shares received by Platoro to Platoro's
shareholders as a return of capital.

At closing, two directors of Copper Ridge will resign and three
nominees of Platoro will be appointed in their place.  It is
anticipated that William M. Sheriff will be appointed as Chairman of
Copper Ridge on closing.  Mr. Sheriff has over 30 years experience in
the mineral exploration and development business. Mr. Sheriff currently
serves as the Chairman and CEO of Golden Predator Royalty & Development
Corp., Chairman of EMC Metals Corp. and Chairman of Starcore
International Mines Ltd. He also serves as a Director of Western
Lithium Corporation, Artha Resources Corporation, and Platoro West
Holdings Inc.  Mr. Sheriff also co-founded and served as Director and
Chairman of Energy Metals Corporation, formerly a public company listed
on the NYSE Arca and the TSX which was acquired by Uranium One for $1.8
billion in 2007. He has also previously served on the Board of
Directors of Quincy Gold Corp., Midway Gold Corp., Eurasian Minerals
Inc. and Uranium One Inc.  Mr. Sheriff received his B.Sc. in Geology
from Fort Lewis College, Colorado and conducted graduate studies at the
University of Texas-El Paso in Mining Geology and Mineral Economics.

Gerald Carlson, President and CEO of Copper Ridge stated: "This is a
solid step forward for Copper Ridge. We look forward to adding Bill
Sheriff, with his successful track record in the business of mineral
exploration, to our board of directors. The financing will allow us to
strengthen and build our portfolio of base metal projects, with a focus
on copper-gold".

Contact:
Copper Ridge Explorations Inc.
Gerald G. Carlson, President & CEO
Suite 500 -- 625 Howe Street
Vancouver, B.C.  V6C 2T6
Phone: 604-688-0833; 1-888-278-2288
info@copper-ridge.com

TSX Venture Exchange: KRX --- Pink Sheets: CRXOF --- Berlin: 502845

This release was prepared by management of the Company who takes full
responsibility for its contents.  Neither 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.

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Copyright (c) 2009 COPPER RIDGE EXPLORATIONS INC. (KRX)  All rights
reserved.  For more information visit our website at
http://www.copper-ridge.com/ or send mailto:info@copper-ridge.com
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