Roulston Resource Opportunities Fund Ltd.

Roulston Resource Opportunities Fund Ltd.

April 06, 2010 09:01 ET

Lawrence Roulston and Castor Asset Management Ltd. Launch Precious & Base Metal Fund: Roulston Resource Opportunities Fund

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 6, 2010) - Castor Asset Management Ltd. along with Lawrence Roulston are pleased to announce the launch of The Roulston Resource Opportunities Fund (RROF). This Cayman domiciled (tax-exempt) entity offers investors exposure to gold and other metals markets and at the same time offers the high-growth potential of emerging companies. The fund intends to generate superior returns for investors through holding shares in developing companies in the precious and base metal sector.

Lawrence Roulston has an impressive track record for identifying the potential of emerging companies in the mining sector. That success is based on his extensive expertise and experience in the mining industry. Since 1998, he has produced a highly successful independent investment publication, "Resource Opportunities", focused on the mining industry. "Demand for metals is strong and will continue to grow. The supply of metal is constrained by the availability of suitable deposits that can be developed and by the long lead time to develop new mines. Companies that find and develop metal deposits will continue to pay off for investors," states Mr. Roulston. He will be primarily responsible for the evaluation and recommendation of the investments in the fund.

Castor Asset Management Ltd. provides the RROF with experienced professional investment management and operational support to create an investment vehicle that provides unique access to an under serviced market segment. "We are very pleased to have partnered with Lawrence Roulston to bring this new fund to investors," states Hal Kent, President & CEO of Castor Asset Management. RROF will also be supported by a suite of top-tier service providers such as KPMG as auditors, Harmonic Fund Services as administrator, and BMO Capital Markets (Bank of Montreal) as custodian/prime broker.

The fund invests in companies that are involved in precious metals and base metal, uranium and specialty metals. The primary emphasis will be small producers that have expansion plans, emerging production companies, and companies with identified mineral resources and near-term production potential. The fund will invest mainly in US or Canadian based companies with mineral projects located in various parts of the world.

The minimum initial investment is CAD$250,000. Further information is available in the Private Placement Memorandum, which can be obtained from the contacts listed below or please visit our website at: www.rrof.ky

Participation in and information that pertains to this fund is not intended to be offered to Canadian and/or U.S. investors.

This news release may contain forward-looking statements, as defined by securities laws, including statements about the financial outlook and business environment. Any such statements are based on current expectations and involve a number of risks and uncertainties. Important factors, including those mentioned in this news release, that could cause actual results to differ materially are set forth in the company's Private Placement Memorandum and subsequent filings. RROF encourages investors to review filings in conjunction with this announcement and prior to making any investment decision. The forward-looking statements contained in this news release speak only as of the date of release, and the company does not undertake to revise those forward-looking statements to reflect events after the date of this release. Please read the Private Placement Memorandum before investing.

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