Ascot Resources Ltd.
TSX VENTURE : AOT

Ascot Resources Ltd.

September 26, 2007 15:27 ET

Ascot Resources Ltd.: News Release

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 26, 2007) - Ascot Resources Ltd. (TSX VENTURE:AOT) is pleased to announce that Mr. Allan Frame has agreed to join the Company's board of directors.

Mr. Frame is presently employed as Senior Vice President, retail division, by Blackmont Capital in Calgary, Alberta. Mr. Frame has been registered in various sales capacities with Blackmont and several other firms in the Securities industry since 1975.

Pursuant to the Company's stock option plan Ascot Resources Ltd. has granted stock options to a director for a total of 300,000 shares in the capital stock of the Company. The options are exercisable on or before September 26, 2012 at a price of $1.65 per share.

ON BEHALF OF THE BOARD OF DIRECTORS OF ASCOT RESOURCES LTD.

John A. Toffan, President

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Ascot Resources Ltd.
    John A. Toffan
    President
    (604) 684-8950
    (604) 684-9877 (FAX)
    Website: www.ascotresources.ca