RYA.H Newmarket Gold, Inc.

Raystar Capital Ltd. (TSX VENTURE:RYA.H) (the "Company") is pleased to announce
that it has reached agreement with a creditor of the Company, who is also an
insider of the Company, to convert outstanding debt into common shares of the
Company.


The total amount of debt to be converted is $125,000. A total of 2,272,727
common shares will be issued at a deemed price of $0.055 per share in full
settlement of the debt.


The debt settlement agreements are subject to approval of the TSX Venture Exchange.

Edward Farrauto, President and CEO

Newmarket Gold, Inc. (TSXV:RYA.H)
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Newmarket Gold, Inc. (TSXV:RYA.H)
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