Article: Odyssey Announces Completion of Private Placement

TORONTO, ONTARIO--(CCNMatthews - Nov. 20, 2006) -

Not for distribution to U.S. news wire services or dissemination in the United States

E. Howard, President & CEO of Odyssey Resources Limited (TSX VENTURE:ODX) is pleased to announce that it has completed the second and final tranche of the non-brokered private placement previously announced on October 6, 2006. The private placement was for issuance of up to C$2 million of Units, subject to the Company's right to increase the size of the offering by an additional 5 million units, for total gross proceeds of up to C$2,500,000.

In connection with the second tranche of the private placement, a

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