Habanero Arranges a Loan

HABANERO RESOURCES INC.

(“Habanero”)

1470-701 West Georgia Street Vancouver, BC Canada V7Y 1C6 March 22, 2011

Trading Symbol:

HAO: TSX Venture Exchange HBNRF—USA HRJ--Germany

Habanero Arranges a Loan

Habanero Resources Inc. ("Habanero") (TSX VENTURE: HAO.V) wishes to announce that it has arranged a loan by arm's length lenders for a total amount of $125,000. HAO has agreed, subject to TSX Venture Exchange acceptance, to pay to the lenders a bonus equal to 20% of the loan and interest at a rate of 5% per annum. The bonus will be paid by the issuance of 384,165 common shares at a discounted market price of $0.065 per share. The shares will be subject to a four-month hold period from the date of issue.

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Habanero Resources Inc.

Tel: 604 646 6900

“Jason Gigliotti”

Jason Gigliotti, President

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