Outlook Resources Inc.

Outlook Resources Inc.

September 09, 2009 09:59 ET

Outlook Announces Appointment of Michael M. Boyd as a Director and Resignation of John Bottomley

TORONTO, ONTARIO--(Marketwire - Sept. 9, 2009) - Outlook Resources Inc. ("Outlook" or the "Company") (TSX VENTURE:OLR) is pleased to announce that Michael M. Boyd has been appointed a director of the Company, subject to regulatory approval. Mr. Boyd has also been appointed Chairman of the Audit Committee.

Mr. Boyd is an entrepreneurial business leader and senior finance executive with extensive experience in Bridge Debt Financing, Venture Capital, Private Equity, Lending and Corporate Finance. He has expertise in business start-ups and raising capital through his roles as a senior executive in several Toronto brokerage firms between 1992 and 1995; as Managing Director, Merchant Banking, for HSBC Capital (Canada) Inc. from 1997 to 2002; and through his role in his own company, Junior Industrial Finance Corp. from 1990 to the present date. From 2002, he managed a Bridge Fund specializing in enterprise value lending of short to medium term loans until recently winding up the Fund.

Errol Farr, President of the Company stated "Mr. Boyd's extensive experience in the capital markets will be a valuable addition to the Board of the Directors as the Company moves forward with its second stage acquisition of ERTH Solutions Inc."

The Company also wishes to announce that John Bottomley has resigned as a director of the Company effective immediately and has submitted his resignation as President of the Company's operating subsidiary, Agassiz Aqua Farms Inc., effective September 22, 2009. John has worked with Outlook for the past 10 years and is responsible for its Bio Resources focus. John is leaving to pursue other opportunities and the Company wishes to thank him for all his efforts.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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