News Release of The Howard Group's Client

16:50 EDT Tuesday, September 01, 2009

FSC / Press Release

Anglo Swiss Completes $2.1 Million Equity Offering Private Placement

Vancouver, British Columbia CANADA, September 01, 2009 /FSC/ - Anglo Swiss Resources Inc. (ASW - TSX Venture, ASWRF - OTCBB, AMO - FWB), announced today that it has completed the brokered private placement equity offering announced on August 27, 2009, issuing 7,000,003 units ("Units") at a price of $0.30 per Unit for total gross proceeds of $2.1 million. Each Unit consists of one common share (a "Share") and one-half of one common share purchase warrant (a "Warrant") of the Company. Each full Warrant shall be exercisable for a period of two years from the closing date at an exercise price of $0.60 per Share.

Kingsdale Capital Markets Inc. of Toronto ("Kingsdale") was the agent for the Company for this offering. The Company paid to Kingsdale a fee equal to 7% of the gross proceeds in cash and the Company granted to Kingsdale agent warrants ("Agent Warrants") to acquire Units equal to 10% of the number of Units sold. The Agent Warrants will be exercisable for a period of two years, expiring on August 28, 2011 at $0.30 per Unit.

The funds raised from this offering will be used for further exploration and the pilot production program on the Company's 100% owned Kenville Gold Mine property located near Nelson, British Columbia and for working capital and general corporate purposes.

All of the securities issued by Anglo Swiss pursuant to the private placements are subject to a four-month hold period under Canadian securities laws and are subject to restrictions on resale prior to December 29, 2009.

Anglo Swiss is a mineral exploration company focused on creating shareholder value through the development of its advanced staged Kenville Gold Mine property located in southeastern British Columbia.

The Kenville Gold Mine has 6 levels with the main production levels known as the 257 Level and the 275 Level. The 257 Level has a NI 43-101 report under review with a resource of 590,518 tonnes and 250,845 ounces of gold. Work is underway on the 275 Level to expand the known gold resource within the Kenville Gold Mine footprint. Underground and surface drill programs are in the permitting stage for the months ahead to expand the gold resource to depth within the Mine and to further explore the Eagle Vein system, the Jackpot Mine claim and the White claim. A 375 meter drift is in the permitting stage to provide access from the 257 level to the Eagle Vein structure that runs parallel to Level 257.

The newly expanded 200 tonne per day pilot plant is expected to be operational prior to the end of the year. The Kenville Gold Mine is one of the oldest and most prolific producers in the district, producing intermittently from 1890 to 1954, with the bulk of production from 1899 to 1912.

The Company is also in the process of exploring for diamonds and gemstones in Canada. For further information, investors are asked to visit the Anglo Swiss Resources Investor Relations Hub at

www.agoracom.com/IR/AngloSwiss or email to ASW@agoracom.com. Please visit the company's website at www.anglo-swiss.com.

This news release includes certain forward-looking statements respecting the future performance of the Company's business, its operations, as well as management's objectives, strategies, beliefs and intentions. The Company does not intend, and does not assume any obligation, to update these forward-looking statements unless required by law. Forward-looking statements are frequently identified by such words as "may", "plan", "expect", "anticipate", "estimate", "intend" and similar words referring to future events and results. These forward-looking statements represent management's best judgment based on current facts and assumptions that management considers reasonable. The Company makes no representation that reasonable business people in possession of the same information would reach the same conclusions. All forward-looking information is inherently uncertain and subject to a variety of assumptions, risks and uncertainties, including the speculative nature of mineral exploration and development, fluctuating commodity prices, competitive risks and the availability of financing and as described in more detail in the Company's recent continuous disclosure filings available at www.sedar.com. Actual events or results may differ materially from those projected in the forward-looking statements and the reader is cautioned against placing undue reliance thereon.

The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release.