EDMONTON, Nov. 15 /CNW/ - Solid Resources Ltd. is pleased to announce the
appointment of Mr. Joseph Dutton as its Senior Vice President. Mr. Dutton will
be responsible for developing an effective communications strategy to enhance
Solid's profile in the national and international investment communities, and
for strategic and business planning and execution, including working with the
President and Board to accelerate the company's exploration and development
programs.
In a statement made today, Mr. Dutton indicated that "Solid is in the
enviable position of having 5 quality projects, any of which could produce a
significant economic success for the Company. The key is to take the next
steps aggressively in the company's development." He also added, "My
commitment to the shareholders of Solid Resources is that I will strive for
excellence in corporate governance and work as hard I can to unlock value in
Solid's existing properties as quickly as possible."
Alvin Harter, President of Solid stated, "Solid is very pleased to have
Mr. Dutton join the company in this senior capacity as he is very much sought
after in the business community. I believe that Solid and its shareholders
will benefit tremendously from his experience, enthusiasm, and initiative. We
look forward to the progress and success that Mr. Dutton has proven himself
quite capable of spearheading."
Mr. Dutton has an extensive business background, and for the last
10 years has been President and CEO of several public companies in both the
mining and oil and gas sectors. Over his career he has executed successful
promotions strategies, raised significant amounts of capital for businesses
and charities, and has taken several ventures to the "next level". He has also
previously served as Director of the Alberta Business Immigration Office for
the Pacific Rim in Hong Kong, and as Executive Assistant to a former Premier
of Alberta.
Concurrent with Mr. Dutton's appointment, the Company has granted to him,
an aggregate of 300,000 options to purchase common shares of the Company. The
options expire at the end of two years. The exercise price is $1.20 per share.
Mr. Dutton can be contacted at: Tel. (403) 681-5483
Fax. (403) 770-8787
Email jdutton(at)telus.net
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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.
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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.
