Hole 116: 2.5 Metres Grading 70.34% U3O8 / #10-200: 22.5 Metres Grading 11.3% U3O8 / #30: 69 metres grading 2.33% U3O8 / #10-188B: 7.5 metres grading 29.98% U3O8

ATHABASCA BASIN: WHERE GRADE IS KING!

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

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Hathor Exploration Limited: Brokered Private Placement at $3.10 Per Share Closes

posted on Nov 20, 2008 08:20AM

Hathor Exploration Limited

TSX VENTURE: HAT

Nov 20, 2008 13:13 ET

Hathor Exploration Limited: Brokered Private Placement at $3.10 Per Share Closes Over-Subscribed Raising Gross Proceeds of $8,002,650

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 20, 2008) - Stephen G. Stanley, the President of Hathor Exploration Limited (HAT: TSX-V, the "Company"), announces the Company has closed a brokered private placement with Salman Partners Inc., HSBC Securities (Canada) Inc., Cormark Securities Inc., Raymond James Ltd., and J.F. Mackie & Company Ltd. (the "Agents"), previously announced on November 5, 2008.

A total of 2,581,500 flow-through common shares (the "FT Shares"), (which includes 646,000 FT Shares issuable upon exercise of an Over-Subscription Option) were sold at a price of $3.10 per FT Share.

The Agents received a cash commission on the sale of the FT Shares, representing 5.5% of the gross proceeds raised, totalling $440,145.75. The Company also issued share purchase warrants to the Agents (the "Agents' Warrants") entitling the Agents to purchase an additional 141,982 non flow-through common shares (the "Agents' Warrant Shares") at the price of $3.10 per common share until the close of business on November 20, 2010.

In accordance with securities legislation currently in effect, the FT Shares, Agents' Warrants and Agents' Warrant Shares will be subject to "hold period" of four months plus one day from the date of closing, expiring March 21, 2009.

The net proceeds will be used to fund further exploration of the Company's Midwest Northeast Uranium property, Saskatchewan and other Canadian exploration properties.

Hathor Exploration Limited

Stephen G. Stanley, Director

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

For more information, please contact

Hathor Exploration Limited
Stephen Stanley
(604) 684-6707

or

Hathor Exploration Limited
Tony Nunziata
(403) 560-7040
Website: www.hathor.ca