Private Placement

December 22nd, 2003

ATAC Resources Ltd. announces that it has negotiated, subject to regulatory acceptance, a $300,500 private placement, to consist of 1,001,666 units at a price of $0.30 per unit. Each unit will consist of one flow-through common share and one-half (1/2) of a non-transferable share purchase warrant, with each whole warrant to entitle the holder to purchase one additional flow-through common share at a price of $0.35 for a period of one year from closing. The proceeds from this private placement will be used for mineral exploration in the Yukon.

For more information regarding ATAC Resources Ltd. or its projects please contact Doug Eaton or Al Archer at 604-688-2568.

ATAC RESOURCES LTD.
Per: W. Douglas Eaton, President

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