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SEYMOUR EXPLORATION CORP.
8th floor, 700 West Georgia St.
Vancouver, British Columbia  V7Y 1H4
(the "Company")

NEWS RELEASE

August 12, 2005

TSX Trading Symbol: SEZ Telephone: (604) 688-5866
Email: 3mcc@telus.net Facsimile: (604) 488-0787
 

Vancouver, British Columbia – August 12, 2005 – Seymour Exploration Corp. (TSX-V: SEZ); The board of directors of Seymour Exploration Corp. (the “Company”) are pleased to report the completion of a non-brokered private placement announced on June 30, 2005. Pursuant to the terms of the private placement, the Company has issued 1.5 million units consisting of 816,668 flow-through units at 20 cents per flow-through unit and 683,332 non-flow-through units at a price of 20 cents per non-flow-through unit, for gross proceeds to the Company of $300,000. Each flow-through unit consists of one flow-through common share and one-half of one common share purchase warrant; one whole warrant entitles the holder to purchase one non-flow-through common share of the Company at a purchase price of 30 cents per share for a period of 12 months. Each nonflow- through unit consists of one non-flow-through common share and one common share purchase warrant; one whole warrant entitles the holder to purchase one non-flowthrough common share of the Company at a purchase price of 30 cents for a period of 12 months.

The Company paid $4,800 in finder’s fees and 24,000 finder’s warrants in respect of the financing. Each finder’s warrant entitles the holder to purchase one non-flow-through common share of the Company at a purchase price of 30 cents for a period of 12 months.

Shares issued pursuant to this private placement, including any shares issued as a result of the exercise of share purchase warrants, will be subject to a four month hold period expiring December 12, 2005.

ON BEHALF OF THE BOARD

“Richard Murphy”

Richard Murphy, President and CEO

This document may contain forward-looking statements relating to Seymour Exploration Corporation’s operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Seymour’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filings. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Seymour disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

 

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