EDMONTON, Nov. 21 /CNW/ - Solid Resources Ltd. is pleased to announce the appointment of three new directors to the Board - Mr. Joe Dutton, Mr. Bob Libin, and Mr. William Maslechko. Mr. Dutton, joined the company recently in the capacity of Senior Vice President as announced in the November 15th news release. Mr. Libin is a well known Calgary based businessman. He is the Vice President of Balmon Investments Ltd. and has served as a director and officer of numerous public companies. He was also recently appointed to the Board of Directors of the Calgary Health Trust. Mr. Maslechko is a senior partner with the Calgary based law firm of Burnet, Duckworth & Palmer LLP. He practices in the areas of corporate finance, securities, and mergers and acquisitions. He has also served as a director of a number of public companies. Mr. Kevin Moore and Mr. Michael Demaniuk have resigned from the Board of Directors to facilitate the appointment of these individuals. Solid also announces that it has approved the granting of stock options, subject to the approval of the regulatory authorities, to acquire an aggregate of 200,000 common shares to Mr. Libin and Mr. Maslechko. The options expire at the end of two years with the exercise price being $1.20 per share. ------------------------------------------------------------------------- Solid's management plans to continue working diligently towards success on behalf of its shareholders. The President of Solid Resources, Alvin Harter, has had a life-time of experience in the mining and exploration industry and has been instrumental in the establishment of several mines in Canada and Mexico. Solid's Vice-President of Exploration, Tony Spat, has also had a remarkable career in exploration. He has worked for many senior as well as junior mining companies throughout the world and has been instrumental in a number of important discoveries in different parts of the world. In view of the extensive experience of Solid's management team, the expertise of its exploration team, and the increasing demand for the rare, precious, and base metals in its properties, the Company's management believes that Solid Resources has a very bright future. Solid Resources Ltd. is committed to exploration for Rare, Precious, and Base Metals. Its current properties are located in Canada, Spain, Mexico, Italy, and Peru. The Company's website is at www.solidresources.com. The Company's Common Stock trades on the TSX Venture Exchange under the symbol SRW and on the Frankfurt Stock Exchange under the symbol A0BLQQ. ------------------------------------------------------------------------- Certain statements contained in this press release, including statements which are related to exploration activity and future prospects and profitability and which may contain words such as "could", "should", "expect", "believe", "will" and similar expressions and statements relating to matters that are not historical facts are forward-looking statements. Such forward- looking statements involve known and unknown risks and uncertainties which may cause the actual results, performances and/or achievements of Solid to be materially different from any future results, performances or achievements expressed or implied by such forward-looking statements. Such factors include fluctuations in the market conditions and prices of tantalum, lithium, tin, silver and other metals and related products and services; competition; political and economic conditions in countries in which Solid does business; changes in laws and regulations, including environmental regulations, to which Solid is subject, and other factors which are described in further detail in Solid's filings with the Canadian Securities Regulators. The TSX Venture Exchange has not reviewed this release and does not accept responsibility for the adequacy or the accuracy of this release.