Vancouver, British Columbia CANADA, March 08, 2010

Anglo Swiss Resources Inc. (ASW - TSX Venture, ASWRF - OTCBB), (the "Company") has completed the brokered private placement equity offering announced on February 26, 2010 issuing 4,285,715 units ("Units") at a price of $0.35 per Unit for total gross proceeds of $1.5 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 one year from the closing date at an exercise price of $0.50 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 5% of the gross proceeds in cash and the Company granted to Kingsdale agent warrants ("Agent Warrants") to acquire Units equal to 5% of the number of Units sold. The Agent Warrants will be exercisable for a period of one year, expiring on March 4, 2011 at $0.35 per Unit.

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 July 5, 2010.