Journey Resources Announces Cancellation of Private Placement

VANCOUVER, BRITISH COLUMBIA - (Marketwire - Oct. 6, 2008) - THIS PRESS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES. Journey Resources Corp. ("Journey or the "Company") (TSX VENTURE:JNY)(OTCBB:JNYRF)(FRANKFURT:JL4) announces that, due to market conditions, it will not be proceeding with the amended private placement as announced in a news release dated September 3, 2008, whereby the Company had arranged for a partially brokered private placement with Gateway Securities Inc. acting as lead agent with respect to the sale of a minimum of 12,000,000 units and a maximum of 20,000,000 units at $0.125 per unit to raise gross proceeds of between $1,500,000 and $2,500,000. In addition, the Company will not be proceeding with the non-brokered portion of this private... [read full story]                    

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