Admiral Bay Engages FIG Partners as Financial Advisor to Evaluate Strategic Alternatives

Admiral Bay Resources Inc. (TSX VENTURE:ADB) Admiral Bay Resources Inc.
("Admiral Bay" or the "Company") announces that its board of directors is
exploring strategic alternatives to increase shareholder value. The Company has
engaged FIG Partners LLC Energy Research & Capital Group ("FIG") as its
financial advisor to assist in the strategic alternatives process. FIG will
assist the Company in identifying and analyzing various alternatives, including
merger alternatives or possible restructuring of the Company's credit facility.


The Company executed an amendment to its credit agreement with Gasrock Capital
LLC and DK Acquisition Partners, LP that allows for partial payment-in-kind
("PIK") interest for four months ended October 2009. The Company will pay a
minimum 5% cash interest and have the option to PIK the balance for a total
maximum cash plus PIK interest of 15%.


The Company also stated that it does not expect to disclose developments with
respect to the exploration of strategic alternatives unless and until its Board
of Directors has approved a definitive transaction or strategic option. There
can be no assurance that any transaction will occur or, if a transaction is
undertaken, there can be no assurance as to its terms or timing.


President and CEO Steven Tedesco commented "While we continue to have the
support of our lenders as evidenced by the recent amendment, we are looking to
evaluate potential alternatives in the current gas price environment to
restructure the balance sheet to allow for continued growth of the Company while
improving our cost structure and liquidity".


Admiral Bay Resources Inc. (www.admiralbay.com) is an emerging unconventional
gas production company focused on the development of projects in the Cherokee
Basin in southeast Kansas and the Appalachian Basin in Pennsylvania. Admiral Bay
is listed on the TSX Venture Exchange under the symbol ADB.


Statements in this release that are not historical facts are "forward-looking
statements" within the meaning of the U.S. Private Securities Litigation Reform
Act of 1995. Readers are cautioned that any such statements are not guarantees
of future performance and that actual developments or results may vary
materially from those in these "forward-looking statements".

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