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The shareholders voted to re-elect Mr. Shawn Wallace, Mr. Greg McCunn, Mr. Ivan Bebek and Mr. Luke Norman as members of the Board of Directors whilst three additional Directors were elected, all of which are independent Directors. The newly appointed independent Directors are Mr. Ross C. McCutcheon, Mr. Steve Cook, and Mr. Alistair Maxwell. Mr. McCutcheon has been managing partner of the law firm of Maitland & Company since forming the firm in 1976. Mr. Cook is a practicing tax partner at the prestigious tax law firm, Thorsteinssons LLP. Mr. Maxwell was formally the President and Chief Executive Officer of Clarus Securities Inc. from its inception in 2003 to April 2011 and has been active in the financial services industry for over 20 years.
Stratton's President, Greg McCunn, stated: "We are extremely pleased with the caliber of experience that Steve, Alistair and Ross will bring to the Stratton board. Their extensive knowledge and experience will be valuable as we rapidly move forward with our exploration programs at the MAC and Bear Canyon projects."
On behalf of the Board of Directors,
Greg McCunn, President & CEO
About Stratton Resources:
Stratton Resources Inc. is a Canadian mineral exploration company focused on the discovery and development of porphyry molybdenum deposits in British Columbia and Arizona. Stratton's goal is to build a quality asset portfolio consisting of base metal properties at various stages of development.
The Company's flagship project is the advanced stage MAC Molybdenum Project located approximately 80 km northwest of Fort St. James in central British Columbia. Historical exploration work completed on the MAC project has identified significant zones of porphyry molybdenum and copper mineralization. The Company is also advancing exploration drilling on its Bear Canyon copper project in south-eastern Arizona and holds a 100% interest in the Mt. Hayes copper-gold porphyry project located on the South Coast of BC. The Company has also signed a Letter of Intent on the Lunar copper-gold porphyry project located 50 km north of the Kemess mine (Northgate Minerals) in northern BC.
With an experienced management team that has a proven track record of successful discovery and development of mineral deposits, Stratton is positioned to rapidly build shareholder value. For more information please visit our website at www.strattonresources.com.
Disclosure Notes
The above release contains forward looking information, which in Stratton's view is based on reasonable assumptions and estimates. There can be no assurance that forward looking statements will prove to be accurate and are subject to may factors beyond the control of Stratton including third party consents, regulatory approvals the state of capital markets and the appetite for higher risk junior resource companies. For further details about Stratton and the risks it faces see its public filings at www.sedar.com.
The securities referred to herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.
Neither the TSX Venture Exchange nor any other regulatory authority accepts responsibility for the adequacy or accuracy of this release.
Contacts: Stratton Resources Inc. Greg McCunn President & CEO (604) 683-8193 or Toll Free: 1-800-863-8655 (604) 683-8194 (FAX) info@strattonresources.com www.strattonresources.com
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