New Island Resources Inc. ("New Island") (TSX VENTURE:NIS.H) announces that, in
accordance with TSX Venture Policy 2.5, the Company has not maintained the
requirements for a TSX Venture Tier 2 company. Therefore, effective at the
opening on Wednesday, February 6, 2013, the Company's listing will transfer to
NEX, the Company's Tier classification will change from Tier 2 to NEX, and the
Filing and Service Office will change from Calgary to NEX.


As of February 6, 2013, the Company is subject to restrictions on share
issuances and certain types of payments as set out in the NEX policies.


The trading symbol for the Company will change from NIS.A to NIS.H. There is no
change in the Company's name, no change in its CUSIP number and no consolidation
of capital. The symbol extension differentiates NEX symbols from Tier 1 or Tier
2 symbols within the TSX Venture market.


Further to the TSX Venture bulletin dated November 2, 2012, trading in the
shares of the Company will remain suspended. Members are prohibited from trading
in the securities of the Company during the period of the suspension or until
further notice.


ON BEHALF OF THE BOARD OF DIRECTORS

Harold Wareham, President and CEO 

Statements contained in this release that are not historical facts are
forward-looking statements, which involve known and unknown risks and
uncertainties not under the company's control, which may cause actual results,
performance or achievements of the company to be materially different from the
results, performance or expectations implied by these forward-looking
statements.


FOR FURTHER INFORMATION PLEASE CONTACT: 
New Island Resources Inc.
Harold Wareham
President
(709) 576-7711

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