|
Armstrong, BC - Thursday, June 25th, 2009. Solomon Resources Limited (SRB: TSX-V) is pleased to announce that W.S. (Steve) Vaughan has been appointed as a Director of the Company. Steve is a partner at Heenan-Blaikie LLP and Head of its Mining Group. Steve is a prominent lawyer with a background in both law and geology, and a recognized expert in the mining, oil and gas, geothermal, coal bed methane and nuclear industries. He brings to the Board of Directors of Solomon Resources extensive experience and formidable knowledge gained in more than four decades in which he has advised and represented Canadian and international companies, served on governmental advisory committees, acted as a director of resource issuers and been involved in natural resources transactions in more than 60 countries. Steve is a Director of the Prospectors and Developers Association of Canada and was a Member of the joint Toronto Stock Exchange/Ontario Securities Commission Mining Standards Task Force. Possessing an exceptional reputation in his field, Steve Vaughan is listed as one of the outstanding Canadian experts on mining law in the International Who's Who of Business Lawyers and in Lexpert/American Lawyer's Guide to the Leading 500 Lawyers in Canada as well as in the area of natural resources law in The Best Lawyers in Canada (Woodward/White). The Martindale-Hubbell Law Directory gives him its top recommendation and Legal Media Group/Euromoney Institutional Investor ranks him as one of the best project finance and energy-natural resources lawyers in Canada. He has written numerous professional papers on natural resource financing, mining, international due diligence and securities law issues published by The Canadian Institute, The Law Society of Upper Canada, the Prospectors and Developers Association of Canada, Insight, the Conference Board of Canada and the Rocky Mountain Mineral Law Foundation. Solomon President and Chief Executive Officer Randy Rogers notes: "Steve is one of the outstanding Canadian experts on the law of mining and exploration and is a welcome addition to the Board. His reputation in project finance and due diligence is truly world-class, and I am proud to work with him once again." "The addition of Steve Vaughan to our board marks a significant milestone in the future direction of Solomon Resources. Our corporate business model and our exploration focus are being adjusted to take advantage of the tremendous opportunities that lie ahead."
Forward Looking Statements: Some of the statements in this news release may contain forward-looking information, which involves inherent risk and uncertainty affecting the business of Solomon. Actual results may differ materially from those currently anticipated in such statements.
About Solomon Resources Ltd.: Solomon Resources Ltd. is a Canadian public company focused on the acquisition, exploration and development of quality mineral properties world wide. Solomon is managed by a proven team of exploration geologists involved with the discovery and/or development of a number of significant deposits in the world, including the Snip, Eskay Creek, and Brewery Creek deposits in Canada; the Segala gold deposit in Mali; the Chimney Creek, Mule Canyon, Ruby Hill, Mesquite, and Ortiz gold deposits in the United States, the Gosowong deposit in Indonesia and the Cadia East deposit in Australia. Solomon is currently focused on the exploration of gold projects in British Coumbia, a tin project in Alaska and uranium projects in Mongolia. Solomon's shares trade under the banner SRB on the TSX Venture Exchange (TSX-V). For additional information visit Solomon's website at www.solomonresources.ca or contact: Randall S. Rogers, President and Chief Executive Officer Phone: 250-546-4772 Tollfree: 1-866-831-6666 Email:
This e-mail address is being protected from spambots. You need JavaScript enabled to view it
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accept responsibility for the adequacy or accuracy of this release.
|