TMXgroup

July 27, 2010

Dalradian Resources Inc. (the "Company") - An application has been granted for the original listing in the Mining category of 88,605,153 common shares (the "Common Shares") of the Company, of which 64,855,750 will be issued and outstanding and 23,749,403 will be reserved for issuance upon completion of an initial public offering (the "Offering").

An application has also been granted for the listing of 13,900,912 common share purchase warrants (the "Warrants"), of which 11,350,000 will be issued and outstanding and 2,550,912 will be reserved for issuance.

The Common Shares and Warrants will be sold to the public in the form of units at a price of $1.50 per unit. Each unit will consist of one Common Share and one-half of one Warrant. Each whole Warrant will entitle the holder to acquire one Common Share at a price of $2.25 at any time prior to 5:00 p.m. (Toronto time) on the date that is 12 months from the closing of the Offering. The units will separate immediately upon issuance.

Listing of the Common Shares and Warrants will become effective at 5:00 p.m. on Wednesday, July 28, 2010 in anticipation of the Offering closing before the opening on Thursday, July 29, 2010. The Common Shares and Warrants will be posted for trading at the opening on Thursday, July 29, 2010.

The Company is subject to the reporting requirements of Section 501 of the Toronto Stock Exchange Company Manual.

Capitalized terms not otherwise defined are as defined in the Company's prospectus dated July 12, 2010 (the "Prospectus") which is available at www.SEDAR.com.

Common Shares
Stock Symbol: "DNA"
CUSIP: 235499 10 0
Trading Currency: CDN

Warrants
Stock Symbol: "DNA.WT"
CUSIP: 235499 11 8
Trading Currency: CDN

Temporary Market Maker: GMP Securities L.P.

Other Markets: none

Head Office Address: 161 Bay Street
26th Floor
Toronto, Ontario
M5J 2S1

Email Address: investor@dalradian.com

Website: www.dalradian.com

Head Office Telephone Number: (416) 572-2706

Fax Number: (416) 848-0790

Investor Relations: Annemarie Brissenden
(416) 572-2706
abrissenden@dalradian.com

Chief Financial Officer: Keith D. McKay

Corporate Secretary: Keith D. McKay

Incorporation: The Company was incorporated on March 27, 2009 under the name "SA Resources Inc." pursuant to the provisions of the Business Corporations Act (Ontario). On April 28, 2010 the Company filed articles of amendment to change its name to "Dalradian Resources Inc.".

Fiscal Year End: December 31

Nature of Business: Through its wholly-owned subsidiary Dalradian Gold Limited, the Company's activities are focused on the exploration of the Tyrone Project located in the counties of Tyrone and Londonderry, Northern Ireland.

Transfer Agent & Registrar: Valiant Trust Company at its principal office in Toronto

Dividends: The Company has not paid dividends since the date of its incorporation and it does not expect to have the ability to pay dividends in the near future. If the Company generates earnings in the future, it expects that they will be retained to finance further growth, and when appropriate, retire debt.

Public Offering: Pursuant to the terms of the Prospectus, 26,105,000 units are being offered to the public by GMP Securities L.P., Dundee Securities Corporation, Clarus Securities Inc., and Cormark Securities Inc. at a price of $1.50 per unit.