Hudson Resources Inc. TSX VENTURE: HUD

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 7, 2008) - HUDSON RESOURCES INC. ("Hudson") (TSX VENTURE:HUD) is pleased to announce that it has entered into an agreement with a major mining house to obtain interim financing for its Greenland diamond project. The agreement allows Hudson to drawdown up to $2 million at a rate of prime plus 2 percent. The loan matures January 4, 2009.

Hudson now has sufficient capital to complete its planned exploration activities for 2008.

ON BEHALF OF THE BOARD OF DIRECTORS

James Tuer, President

This news release contains forward-looking statements regarding ongoing and upcoming exploration work and expected geology, geological formations and structures. Actual results may differ materially from those anticipated in these statements.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.