North Atlantic Resources Ltd. (the "Company" or "North Atlantic") (TSX
VENTURE:NAC) is pleased to announce that it has retained the services of Renmark
Financial Communications Inc., a Montreal based investor relations firm, and
Small Cap Invest Ltd., a German based financial advisory and investor relations
firm, to provide investor relations and financial advisory services.


"We are pleased to announce that we have selected these professional firms to
reinforce North Atlantic's profile in the financial community and enhance the
visibility of our gold exploration projects in West Africa. We have chosen these
firms because their standards and professional methodologies fit best with the
message we wish to communicate to the investing public," noted Scott Waldie,
President and CEO of North Atlantic. 


Renmark Financial Communications Inc.

Renmark is a full service investor relations firm representing small, medium and
large cap public companies trading on all major North American exchanges.
Renmark will provide general investor relations services to the Company,
assisting with dissemination of corporate information. The agreement with
Renmark is for a 12-month term starting February 15, 2011, at a monthly fee of
$7,000. Renmark Financial Communications does not have any interest, directly or
indirectly, in North Atlantic or its securities, or any right or intent to
acquire such an interest.


Small Cap Invest Ltd.

Small Cap Invest Ltd. is a financial services provider for small and mid cap
companies, with a focus on growth companies which are or intend to be listed on
a European exchange. The consulting agreement for investor relations and
financial advisory services to be provided by Small Cap Invest Ltd. is on a
month by month basis and may be terminated by either party on 30 days notice.
Small Cap Invest Ltd. will receive fees of $750 per month plus reimbursement of
applicable disbursements. North Atlantic has also granted to Small Cap Invest
Ltd. an incentive stock option to purchase up to 50,000 common shares of North
Atlantic at a price of CAD $0.53 per share. The term of the option ends on the
earlier of (i) February 15, 2016, and (ii) thirty days after the termination
date of the consulting agreement. The option vests as to 12,500 common shares on
each of the dates which is three, six, nine and twelve months following the date
of grant.


Employee Stock Option

The Company has also granted an incentive stock option in respect of 100,000
common shares to an employee of the Company. The option was granted pursuant to
the Company's existing Stock Option Plan, is exercisable at $0.53 per share
(being the closing price of the Company's common shares on February 14, 2011),
and has a five year term expiring February 15, 2016.


About The Company

North Atlantic Resources Ltd. is a mineral exploration and development company
focused on exploring for gold in the Republic Of Mali, West Africa. Our four
main projects are the Tiekoumala, Lakanfla, Diokeba, and Dalakan projects. In
recent years, we have made significant gold discoveries on the Tiekoumala
project located in Southern Mali, and the Lakanfla project located in Western
Mali. North Atlantic has 58,826,124 common shares issued and outstanding
(82,543,018 shares on a fully diluted basis). Please visit our website
www.nac-tsx.com to for more information about our projects.


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