RAZOR RESOURCES INC. ANNOUNCES:


Razor Resources Inc. Announces Amended Agreement with Mayan Gold


Denver, CO Nov 29, 2010   Razor Resources Inc. (OTCBB: RZOR) ("Razor
Resources Inc." or the "Company") announces that an agreement has
been made between the Company, Compania Minera Cerros Del Sur S.A.
("Cerros"), and  Mayan Gold, Inc. ("Mayan") to amend and improve
their previous agreement regarding the ownership and operation by
the Company of the Clavo Rico mine located in the Cholutecca region
of Honduras.  This agreement to amend the Stock Exchange Agreement
dated February 9, 2010 was completed on November 26, 2010.


On February 9, 2010, Razor acquired 99% of  Cerros, which owns the
Clavo Rico mine, through a share exchange agreement with Mayan.  In
exchange for their interest in Cerros, Mayan received 35.5M shares
of Razor Resources, Inc. with a valuation of $17.75M USD.  In
addition, payment obligations to Mayan totalling $2.0M USD, of which
$570,000 has been paid by the Company earlier this year, were agreed
upon.  In total, the valuation of the Clavo Rico mine acquisition by
the Company approximated $20M USD.


Razor, under the new agreement, has now committed to investing $2.0M
USD over the course of the next six months. These funds will be
utilized to upgrade and improve equipment, increase the geological
team, commence an expanded drill program, and construct and install
a heap leach pad. The Company is confident that these measures will
lead to an immediate and significant increase in production that
will allow the Company to build further shareholder value.


"With this new and improved ownership and operation agreement, the
Company is poised to succeed in attaining greater production of gold
extraction and further progress in proving the ore reserves." said
Mr. Nastat.


For a full account of Razor Resources corporate objectives, contact
information, and a copy of the 43-101, please visit the website at
www.razorresourcesinc.com


Razor Resources Inc. (RZOR:BB) is a Denver, CO based gold producer
engaged in gold mining and its associated activities including:
exploration, extraction, processing, and reclamation.  The Company
specializes in sustainable, low-cost gold production and currently
owns and operates the Clavo Rico mine in the Cholutecca region of
Honduras.

Forward-Looking Statements

This current report contains "forward-looking statements," as that
term is defined in Section 27A of the United States Securities Act
of 1933 and Section 21E of the Securities Exchange Act of 1934.
Statements in this press release which are not purely historical are
forward-looking statements and include any statements regarding
beliefs, plans, expectations or intentions regarding the future,
including but not limited to, continuing production from the "Clavo
Rico Mine," or the generation of positive cash flow as a result,
updating of the corporate website or the availability of an
independent geological report outlining the concessions, their
production, and their potential.


Actual results could differ from those projected in any
forward-looking statements due to numerous factors. Such factors
include, among others, the inherent uncertainties associated with
mineral exploration and difficulties associated with obtaining
financing on acceptable terms. We are not in control of  gold prices
and these could vary to make development uneconomic. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could differ
from those projected in the forward-looking statements. Although we
believe that the beliefs, plans, expectations and intentions
contained in this press release are reasonable, there can be no
assurance that such beliefs, plans, expectations or intentions will
prove to be accurate. Investors should consult all of the
information set forth herein and should also refer to the risk
factors disclosure outlined in our most recent annual report for our
last fiscal year, our quarterly reports, and other periodic reports
filed from time-to-time with the Securities and Exchange Commission.