Red Dragon Resources Corp. Announces Annual General Meeting Results

Release No. 2/08
Vancouver, BC, Jun. 25, 2008

Vancouver, B.C., June 25, 2008. Red Dragon Resources Corp. (the "Company") announces the results of its annual general meeting (the "Meeting") held on June 20, 2008. At the Meeting, the shareholders of the Company approved all resolutions placed before them by management, including the election of Christian Bué, Glen Dickson, Alvin Jackson, James Mellon, John Stalker and Joanne Yan as directors of the Company, the re-appointment of the MacKay LLP as the Company's auditor and the ratification of the Company's Incentive Stock Option Plan.

At the first meeting of the newly constituted Board of Directors held immediately after the Meeting, the following individuals were appointed or reappointed as officers of the Company:

Alvin Jackson, Chairman of the Board and Chief Executive Officer
Joanne Yan, President
Benedict Leung, Chief Financial Officer
Garnet Dawson, Vice President, Exploration
Louis Montpellier, Corporate Secretary

Also, the Board of Directors elected Glen Dickson (Chair), James Mellon and Christian Bué as the audit committee; and Christian Bué (Chair), Glen Dickson and John Stalker as the corporate governance and compensation committee. Both committees are comprised of independent directors.

For More Information
Red Dragon Resources Corp.
Alvin Jackson, Chairman and Chief Executive Officer
Tel: +1 604 602-8188

Harbour Financial Inc.
Brian N. Barbour
Tel: +1 403 813-5832

The TSX Venture Exchange neither approved nor disapproved the contents of this news release.