Tenajon Sells Gold Assets to Kansas Partner

Tenajon Resources Corp. (TSX VENTURE:TJS) ("Tenajon") and Pinnacle Mines Ltd.
("Pinnacle") are pleased to announce that they have entered into a binding
letter agreement (the "Letter Agreement") whereby Pinnacle will purchase
Tenajon's wholly owned subsidiary, 0781639 B.C. Ltd. (the "Corporation"), which
holds an undivided 40% ownership interest in and to the Kansas Claim and a 100%
ownership interest in and to the Summit Lake property. Pinnacle has agreed to
purchase the Corporation for an aggregate deemed purchase price of approximately
$3,015,000 (the "Acquisition"), subject to an adjustment as a result of certain
events occurring before December 31, 2008. The Kansas Claim and the Summit Lake
property are both located near Stewart, British Columbia. Upon completion of the
Acquisition, Pinnacle will own an undivided 70.6% interest in and to the Kansas
Claim and 100% of the Summit Lake Property. The remaining 29.4% undivided
interest in the Kansas Claim is owned by Mountain Boy Minerals Ltd.


Based on a NI 43-101 compliant Technical Report on the Silver Coin Property
(which encompasses the Kansas Claim) prepared by Minefill Services, Inc. of
Seattle, WA in April 2007, upon completion of the purchase, Pinnacle will have
control over 70.6% of 364,307 ounces of gold resources in the measured and
indicated category plus 719,599 ounces of gold resources in the inferred
category on the Kansas Claim and now own 100% of the past producing Summit Lake
gold property. On the entire Silver Coin property, upon completion of the
purchase, Pinnacle will control approximately 67.8% of 423,003 ounces of gold
resources in the measured and indicated category plus approximately 65.8% of
947,988 ounces of gold resources in the inferred category. "This acquisition
makes Pinnacle one of the most dominant gold exploration companies in the
prolific Stewart camp," said Paul Saxton, President and CEO of Pinnacle Mines
Ltd.


D. Bruce McLeod, President and CEO of Tenajon, stated, "The sale of the
Corporation will allow Tenajon to focus on its molybdenum projects and will
benefit its shareholders by allowing them to participate in a gold focussed
entity which will have consolidated several significant gold deposits in the
Stewart Camp."


On closing of the Acquisition, Pinnacle will issue 13,500,000 fully paid shares
of Pinnacle ("Pinnacle Shares") and reimburse Tenajon up to $200,000 in cash in
respect of reclamation deposits, exploration costs incurred by Tenajon on the
Summit Lake property and certain other expenses. Under the terms of the
Acquisition, Tenajon is required to distribute the Pinnacle Shares to its
shareholders on a pro-rata basis by way of a plan of arrangement (the
"Arrangement"). The Pinnacle Shares are subject to a four month hold period from
the date of issuance under applicable securities laws and the rules and policies
of the TSX Venture Exchange and will be subject to further contractual trading
restrictions until completion of the Arrangement. Tenajon has also agreed to
grant to the management of Pinnacle a voting proxy on all of the Pinnacle
Shares, the proxy shall expire on completion of the Arrangement. Tenajon has
also granted Pinnacle an option to purchase the 3% net smelter royalty held by
Tenajon on the Summit Lake property by payment to Tenajon of $115,000 in cash.
Closing of the Acquisition is subject to satisfaction of certain conditions
including regulatory approvals, confirmatory due diligence, and satisfaction of
all covenants and conditions required to be performed by each of Pinnacle and
Tenajon. The Acquisition is scheduled to close on or about May 16, 2008.


Tenajon shareholders shall receive approximately one share of Pinnacle for each
4.13 shares of Tenajon which they hold based on the current number of Tenajon
shares issued and outstanding. The number of shares to be distributed will be
subject to an adjustment based on the actual share structure at the record date,
which is yet to be determined.


The technical information in this news release has been prepared in accordance
with Canadian regulatory requirements set out in National Instrument 43-101 and
reviewed by A. Alex Walus, M. Sc., P. Geo. of Pinnacle Mines Ltd., a Qualified
Person as defined by NI 43-101.


On Behalf of the Board of Directors

TENAJON RESOURCES CORP.

D. Bruce McLeod, President

This news release may contain forward looking statements which are not
historical facts, such as ore reserve estimates, anticipated production or
results, sales, revenues, costs, or discussions of goals and exploration
results, and involves a number of risks and uncertainties that could cause
actual results to differ materially from those projected. These risks and
uncertainties include, but are not limited to, metal price volatility,
volatility of metals production, project development, ore reserve estimates,
future anticipated reserves and cost engineering estimate risks, geological
factors and exploration results. See the Company's filings for a more detailed
discussion of factors that may impact expected results.
Tenajon Resources Com Npv Class A (TSXV:TJS)
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