Anglo Swiss Resources Arranges Private Placement

VANCOUVER, July 26, 2011 /CNW/ - Anglo Swiss Resources Inc. (ASW:TSX-V, ASWRF:OTCQX) ("Anglo Swiss" or the "Corporation"), is pleased to announce that it has arranged a non-brokered private placement of:

a) up to 6,666,680 flow through shares of the Corporation (the "FT Shares") at $0.15 per FT Share, for gross proceeds of up to $1,000,002; and

b) up to 6,250,000 working capital units of the Corporation (the "WC Units") at $0.12 per WC Unit, for gross proceeds of up to $750,000. Each WC Unit shall consist of one (1) common share and one-half (1/2) of one common share purchase warrant, (each whole, a "Warrant") of the Corporation. Each Warrant shall entitle the holder to acquire one (1) additional common share of the Corporation at an exercise price of $0.20 for a period of 18 months from closing.

The Corporation may pay a finder's fee to certain qualified registrants assisting the Corporation in the offering in an amount equal to 6% payable in cash or shares and 10% Finder's Warrants/Finder's Options of the gross proceeds raised by such finders. With respect to the sale of WC Units, each Finder's Warrant entitles the finder to purchase one (1) WC Unit of the Corporation at a price of $0.12 per WC Unit for eighteen (18) months following Closing. With respect to the sale of FT Shares, each Finder's Option entitles the finder to purchase one (1) common share of the Corporation at the price of $0.15 per share for eighteen (18) months following Closing. No other fee or commission is payable by the Corporation in connection with the sale of the WC Units or FT Shares. The completion of this offering is subject to the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange.

The funds raised from this offering will be used for further exploration of the Corporation's Kenville Gold Mine property and the Nelson Mining Camp in British Columbia and the Lansdowne House Ring of Fire property in Ontario and for general working capital.

About Anglo Swiss:

Anglo Swiss Resources Inc. controls a highly-prospective, Canadian, precious and base metal exploration property portfolio which includes its flagship 160 sq. km, Nelson Mining Camp Project, that hosts the 100%-owned Kenville Gold Mine, in southeastern BC; and its newly acquired 100%-owned, Lansdowne House, Ring of Fire project in northwestern Ontario. Further information may be found at www.anglo-swiss.com or at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

%SEDAR: 00009710E

For further information:

David Constable, Chief Executive Officer @ Tel: 905-681-7012 @[email protected]

Natasha Blackburn, Vice President, Corporate Development Tel: 1-855-683-0484@ [email protected]

Chris Robbins, Vice President Tel: 604-683-0484 [email protected]

CO: Anglo Swiss Resources Inc.

CNW 09:00e 26-JUL-11