11/04/04- 2,500,000 share purchase warrants

[Franko10 ™]

UNITED CARINA RESOURCES CORP. ("UCA")
BULLETIN TYPE: Private Placement-Non-Brokered
BULLETIN DATE: November 4, 2004
TSX Venture Tier 2 Company

TSX Venture Exchange has accepted for filing documentation with
respect to a Non-Brokered Private Placement announced September 16,
2004:

Number of Shares: 2,500,000 shares (of which 1,250,000 are flow-
through)

Purchase Price: $0.20 per share

Warrants: 2,500,000 share purchase warrants to purchase
2,500,000 shares

Warrant Exercise
Price: $0.25 for a one year period

Number of Placees: 25 placees

Insider / Pro Group Participation:
Insider equals Y /
Name ProGroup equals P / # of Shares

Richard Walker Y 212,500 FT
112,500
David Murdoch P 50,000 FT
Jennifer Murdoch P 50,000
R. Brent Dunlop P 50,000 FT
50,000

Pursuant to Corporate Finance Policy 4.1, Section 1.11(d), the
Company must issue a news release announcing the closing of the
private placement and setting out the expiry dates of the hold
period(s). The Company must also issue a news release if the
private placement does not close promptly. Note that in certain
circumstances the Exchange may later extend the expiry date of the
warrants, if they are less than the maximum permitted term.