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ABRA.TO ·

Corporate update

Financings

BELLA RESOURCES INC.

For immediate release

March 26, 2012 BP.H - NEX

Corporate update

Bella Resources Inc. (the "Corporation") reports that its previously announced Private Placement and Debt Settlement has been withdrawn.

The Corporation is actively seeking a business or property to acquire.

For further information please contact:

Randy Clifford, Controller (780) 466 – 6006

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.