TOMBSTONE, AZ, Sept. 26 /PRNewswire-FirstCall/ -- Tombstone Exploration Corporation (the "Company") (OTC BB: TMBXF.OB - News) is pleased to announce that it is in the process of completing a non-brokered private placement, subject to market and other conditions, of $500,000 aggregate principal amount of its common stock at $0.20 per share, together with a three (3) year, half-share common stock purchase warrant with an exercise price of $0.40 per share, for a total of 2.5 million units. It is expected that the Company will pay a finder's fee upon closing of the private placement, which is expected to occur in early October 2007. The proceeds of this offering will be used to continue the Company's drilling and exploration program, geologic mapping, surface trenching, and sampling at its properties in the Tombstone District in Arizona. The common stock being sold through this private placement has not and will not be registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement under the Securities Act. This announcement is neither an offer to sell nor a solicitation of an offer to buy any of these securities. About Tombstone Exploration Corporation Tombstone Exploration Corporation is structured and positioned to capitalize on today's increasing demand and prices for precious metals, copper, zinc, iron and rare earth minerals. Tombstone Exploration Corporation has the mineral rights to approximately 11,000 acres of historical mining land in the areas around Tombstone, Arizona and are now the largest holder of land in the Tombstone Mining District. Tombstone Exploration Corp. controls one of the largest mining properties in Arizona. Through expansion, the company will acquire new properties, as well as integrate the extraction of precious metals, rare earth and other minerals. The goal is to produce metals and minerals below standard industry costs. FORWARD-LOOKING STATEMENTS Statements contained herein that are not historical facts may be forward-looking statements within the meaning of the Securities Act of 1933, as amended. Forward-looking statements include statements regarding the intent, belief or current expectations of the Company and its management. Such statements are estimates only, as the Company has not completed the preparation of its financial statements for those periods, nor has its auditor completed the audit of those results. Actual revenue may differ materially from those anticipated in this press release. Such statements reflect management's current views, are based on certain assumptions and involve risks and uncertainties. Actual results, events, or performance may differ materially from the above forward-looking statements due to a number of important factors, and will be dependent upon a variety of factors, including, but not limited to Tombstone Exploration Corporation's ability to obtain additional financing. Tombstone Exploration Corporation undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in Tombstone Exploration Corporation's expectations with regard to these forward-looking statements or the occurrence of unanticipated events. Factors that may impact Tombstone Exploration Corporation's success are more fully disclosed in Tombstone Exploration Corporation most recent public filings with the U.S. Securities and Exchange Commission. CONTACT: Tombstone Exploration Corporation, ALAN M. BROWN, (250) 741-6340, DATASOURCE: Tombstone Exploration Corp. CONTACT: Tombstone Exploration Corporation, ALAN M. BROWN, (250) 741-6340,

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