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GYD Grayd Resource Corporation

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Share Name Share Symbol Market Type
Grayd Resource Corporation TSXV:GYD TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Grayd Appoints Brad Blacketor to its Board of Directors

11/05/2009 10:52pm

Marketwired Canada


Grayd Resource Corporation (TSX VENTURE:GYD) is pleased to announce the
appointment of Bradley J. Blacketor to its Board of Directors. Mr. Blacketor is
a Certified Public Accountant with over 17 years experience in the mining
industry.


During the past 12 years, Mr. Blacketor has served as Vice-President, Chief
Financial Officer and Secretary of Metallica Resources Inc., a company listed
for trading on Amex and the TSX. Previous to Metallica, Mr. Blacketor served as
Chief Financial Officer of MinCorp Ltd., and held senior management positions
with Pincock, Allen & Holt, Inc. and Touche, Ross & Co. Mr. Blacketor holds a
Bachelors Degree in Business Administration from Indiana University and a
Masters Degree in Business Administration from Colorado State University.


Grayd has granted Mr. Blacketor options to purchase up to a total of 300,000
common shares in the capital of the Company at price of $0.30 per share. The
options are subject to certain vesting provisions.


Mr. Blacketor succeeds Sandra M. Lim who resigned from the Board to pursue other
business opportunities. Marc Prefontaine, President and CEO said, "On behalf of
the Board of Directors, I would like to thank Sandra for her valuable
contributions to the growth of our Company. Sandra has been an extremely
important member of the Board, and we extend our continued good wishes to
Sandra."


Grayd Resource is a growth-oriented junior natural resource company focused
primarily on exploring and developing a large land position in Mexico which is
highly prospective for gold and silver mineralization. The Company's Officers
and Directors are very experienced in all aspects of mineral exploration,
development and production and have been involved with several successful mining
projects over the past 20 years.


The information in this news release may contain forward-looking statements.
When used in this release, words such as "estimate", "expect", "anticipate" and
"believe" as well as similar expressions are intended to identify
forward-looking statements. Such statements are used to describe management's
future plans, objects, and goals for the Company and therefore involve inherent
risks and uncertainties. The reader is cautioned that actual results,
performance or achievements may be materially different from those implied or
expressed in such statements, which speak only as of the date the statements
were made. The Company does not update forward-looking statements continually as
conditions change.


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