Alderon Appoints Vice President of Business Development and Enters Into Public Relations and Marketing Agreement

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR RELEASE TO U.S. NEWSWIRE SERVICES

Alderon Resource Corp. (TSX VENTURE:ADV) ("Alderon") is pleased to announce the
appointment of Simon Marcotte as Vice President of Business Development. Mr.
Marcotte has 14 years of capital market experience and has been a partner of
Cormark Securities for 4 years in institutional equity sales. He also sat on the
board of Directors of Cormark Securities. Prior to that, Mr. Marcotte was a
Director for CIBC World Markets in Montreal for 8 years. Mr Marcotte holds a
B.A.A. from Sherbrooke University and is a Chartered Financial Analyst (CFA).


Alderon is granting to Mr. Marcotte, under the terms of its stock option plan,
options to purchase up to 125,000 common shares at a price of $2.00 per share.
The options are subject to vesting over a two year period and have an expiry
date of May 1, 2015.


Alderon is also please to announce that, subject to regulatory approval, Alderon
has engaged the services of Grandich Publications LLC to provide public and
shareholder communications and marketing services.


Grandich Publications LLC provides corporate communications services to public
and private companies in North America and specializes in the development and
management of customized public relations and marketing programs. The principal
of Grandich Publications LLC, Mr. Peter Grandich, is a long-standing member of
The New York Society of Security Analysts and The Society of Quantitative
Analysts and is the editor of The Grandich Letter, first published in 1984.


Under the terms of the agreement, Alderon will pay Grandich Publications LLC a
monthly fee of US$2,000. The agreement is for an initial term of 12 months. The
agreement is subject to regulatory approval and all terms are subject to and in
accordance with the rules of the TSX Venture Exchange.


About Alderon

Alderon is a leading iron ore exploration and development company in Canada. The
Kami Project is located within an existing iron ore district and is slated for
near term production. The Alderon team is comprised of skilled professionals
with significant iron ore expertise to advance Kami towards production.


For more information on Alderon, please visit our website at www.alderonmining.com.

ALDERON RESOURCE CORP.

On behalf of the Board

"Mark Morabito", President & CEO

This new release may contain forward-looking statements. These statements are
based on current expectations and assumptions that are subject to risks and
uncertainties. Actual results could differ materially because of factors
discussed in the management discussion and analysis section of our interim and
most recent annual financial statement or other reports and filings with the TSX
Venture Exchange and applicable Canadian securities regulations. We do not
assume any obligation to update any forward-looking statements.