Strongbow And Navigator Announce Combination

Strongbow Options Lac de Gras Properties to Stornoway Diamond Corporation

First Quarter Results

Commencement of Summer Exploration Programs

$1,500,000 Private Placement

Committee Bay Joint Venture between Strongbow Exploration Inc. and Allyn Resources Inc.

Strongbow Increases Private Placement to $2.0 Million

Stock Options Granted

$2,000,000 Private Placement Closes