May 18, 2010 (Filing Services Canada) -- Teslin River Resources Corp. (TLR - TSX Venture), is pleased to announce the appointment of Mr. Michael Sweatman to its Board of Directors. Additionally, the company elected Mr. Sweatman as its new President and Chief Executive Officer. The company would like to extend its gratitude to John Icke for his service to the Company as interim President and Chief Executive Officer. Mr. Icke will remain a Director of the Company, and has been nominated Non-Executive Chairman of the Board of Directors.
Mr. Sweatman possesses in excess of 20 years experience as a Chartered Accountant in public and private practice and has worked with and provided advice to many companies listed on the TSX Venture and Toronto Stock Exchanges. Mr. Sweatman was admitted to the Institute of Chartered Accountants of British Columbia in 1982 and in the Yukon in 1990. He has been the principal of Michael Sweatman Limited, Chartered Accountant, since 1999, as well as having been the owner-manager of MDS Management Ltd., a company that provides consulting services, since November 1992. Mr. Sweatman has also been a Director and/or Officer of various reporting companies.
"I am delighted to have Mike join Teslin as it starts on the next phase of its development," stated John Icke, Chairman. "The Board has been evaluating several opportunities to add to its current asset portfolio and Mike is very accomplished at facilitating this form of development, building organizations with multiple projects. In addition, we are looking to advance our Rand properties in the Cariboo region of central British Columbia. We expect Mike to add significant value to the company in the future."
Mr. Sweatman will receive 1,000,000 options to purchase shares in the Company at a price of $0.105 and a monthly salary of $5,000.
About Teslin River Resources Corp.
Teslin River Resources Corp. holds the Rand Claims and the Goldbuck #1 properties located approximately 7 kilometres southeast of Horsefly in the Cariboo region of central British Columbia. Based on the reported work and drilling by surrounding operators, the area is considered prospective for a large copper-gold porphyry body. Neigbouring properties held by Fjordland Exploration Inc. (FEX:TSX-V) and Cariboo Resources Ltd. (CRB:TSX-V) are currently the subject of significant exploration including drilling by Gold Fields Limited (GFI:NYSE) under an option agreement.
ON BEHALF OF THE BOARD
"John Icke"
John Icke,
Chairman
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
TESLIN RIVER RESOURCES CORP.
408-837 West Hastings Street
Vancouver, BC, V6C 3N6
Telephone: (604) 684-6264
Facsimile: (604) 684-6242
Source: Teslin River Resources Corp. (TLR - TSX.V)
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