Black Bull Resources Inc.

Black Bull Resources Inc.

October 17, 2007 09:24 ET

Black Bull Resources Inc. Hires New Chief Financial Officer

SHELBURNE, NOVA SCOTIA--(Marketwire - Oct. 17, 2007) - Black Bull Resources Inc. (TSX VENTURE:BBS) is pleased to announce that effective October 22, 2007, Mr. Martin MacKinnon, of Halifax, NS, will commence employment with the Company. As of November 11, he will take on the official duties of the Company's Chief Financial Officer. As part of Mr. MacKinnon's compensation as CFO, the Company will grant him stock options.

Mr. MacKinnon holds an MBA in Accounting and Economics from Saint Mary's University. His more than 30-years of business leadership has included a number of established and start-up businesses. His most recent employment was with Eastern Rehabilitation Inc. as Vice President of Administration and Finance, where he was also a Board Member. He has been active in local politics as well as numerous Board roles with various charities in Nova Scotia. Mr. MacKinnon brings a varied skill set to this position; he has been involved with successful business start-ups and growth from re-structuring. He also brings experience in public relations, information technology, and finance/banking.

Black Bull announces that Mr. Robert W. Cudmore has tendered his resignation as Chief Financial Officer, effective November 10, 2007. Mr. Cudmore cited personal reasons for his resignation. In order to ensure a smooth transition period, he has signed a consulting agreement with the Company; further, he has indicated his commitment to a successful implementation of the Company's plans. Black Bull Resources Inc. thanks Mr. Cudmore for his service and wishes him success in his future endeavors.

About Black Bull Resources Inc.

Black Bull Resources Inc. is a Canadian mining company based in Nova Scotia that operates the White Rock Mine near Shelburne. The Mine produces a unique, bright, white, high-purity quartz, marketed under the Scotia White™ trademark which is used in a range of value-added, specialty products.

The White Rock Property also contains an identified resource of kaolin and mica which the Company plans to further develop when quartz operations become cash-flow positive.

Further detailed information may be obtained from the Company's website or corporate filings at

FORWARD LOOKING STATEMENTS: This news release contains certain forward-looking statements. All statements, other than statements of historical fact, included herein, including without limitation statements regarding the Company's mining properties, development results or future plans, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed elsewhere in documents that are available to the public.


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