News release via Canada NewsWire, Toronto 416-863-9350

Attention Business Editors:

Cogitore Resources Inc. Announces Private Placement Financing

TORONTO, September 15/CNW/ - COGITORE Resources Inc. (the "Company") (WOO: TSX-V) is pleased to announce that on September 15, 2006 the Company completed its previously announced private placement of 2,000,000 Flow-Through Shares at $1.05 per Share to raise $2,100,000.

As previously disclosed, when accepted by the Company, the Company protected offers received from registered investment dealers. The Company protected offers from Haywood Securities Inc., Jones, Gable & Company Ltd., Northern Securities Inc. and BMO Nesbitt Burns. As consideration for their services, these investment dealers were paid a 5% commission for an aggregate total of $14,962.50. As well, an individual finder was paid a 5% commission for his services in the amount of $5,250. 

The Common Shares are subject to resale restrictions pursuant to applicable securities laws requirements and notably to a hold period of four months plus one day from the closing date.

The proceeds of the Offering will be used to fund the Company’s 2006-2007 exploration program. The Company wishes to aggressively continue exploration on its 100% owned Scott Lake property and has also begun a fall drilling campaign on the 70% owned Lemoine property.

The Company now has 22,188,873 common shares issued and outstanding.

The Company has developed a strategic focus on base metal exploration in prospective areas that also feature infrastructure favourable for mining development. Accordingly, it will focus its work in the Abitibi Belt of Quebec and Ontario, and in the Central Belt of Newfoundland.

On Behalf of the Board of Directors:

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
SEDAR: 00020132E. CNW 15-SEP-06 ©2006 Cogitore Resources Inc.