Serengeti Resources Retains BMK Communications, Grants Options by 24hgold

	Thursday, August 30, 2007 Serengeti Retains BMK Communications, Grants Options
	NR: SIR 2007-18 Vancouver, B.C., August 30, 2007: Serengeti Resources Inc. (TSX-V: SIR) is pleased to announce that, subject to regulatory approval, the Company has retained BMK Communications Inc.("BMK") of Vancouver, B.C. to provide investor relations and marketing services on behalf of Serengeti. BMK provides investor relations services to public companies in North America and specializes in development and management of customized marketing programs. Principal, Lisa May has more than 10 years marketing experience and will focus on raising market awareness of Serengeti's exciting Kwanika copper-gold project where a large-scale, advanced exploration program is currently underway. The agreement with BMK has an initial three month term and includes compensation of $6,000 per month and the grant of 100,000 incentive stock options, exercisable at a price of $1.31 per share for a two year period. The agreement with BMK is subject to regulatory approval and all terms will be subject to and in accordance with the rules and regulations of the TSX Venture Exchange. The Company also announces the grant of an additional 585,000 incentive stock options to directors, officers and consultants to the Company, exercisable at a price of $1.31 per share for a period of five years. The Company currently holds in excess of $21.5 million in cash and cash equivalents. None of the funds are invested in asset-backed commercial paper and are not subject to any meaningful credit or liquidity risk. About Serengeti Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is focused on the advancement of its Kwanika copper-gold project and on the discovery of copper-gold and molybdenum deposits on its extensive portfolio of properties in the highly prospective Quesnel Trough of British Columbia. Additional information on Serengeti's projects can be found on the Company's website at www.serengetiresources.com. For further information, please contact: David W. Moore, President and CEO, Serengeti Resources Inc., 604-605-1300 Email: dmoore@serengetiresources.com Website: www.serengetiresoucres.com Investor Relations: ph 604-685-8184 / Email: info@serengetiresources.com The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Cautionary Statement This document contains "forward-looking statements" within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding exploration results and plans, and other future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations are disclosed in the Company's documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and we do not undertake any obligation to update forward-looking statements should conditions or our estimates or opinions change. Forward-looking statements are subject to risks, uncertainties and other factors, including risks associated with mineral exploration, price volatility in the mineral commodities we seek, and operational and political risks

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