Scarlet Resources Ltd.
CNSX : SCT

April 01, 2010 13:40 ET

Scarlet Resources Announces Resumption of Trading and Shareholders' Meeting

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 1, 2010) -

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Scarlet Resources Ltd. ("Scarlet") (CNSX:SCT) reports that an annual and extraordinary general meeting of its shareholders has been scheduled for Monday, May 3, 2010 to be held at 1075 West Georgia, 19th Floor, Vancouver, BC at 1:30 p.m. PDT. The notice of meeting, information circular and instrument of proxy relating to the meeting are available on the SEDAR and CNSX websites (www.sedar.com and www.cnsx.ca), and are scheduled to be mailed on April 5, 2010.

On March 30, 2010 the Company announced that it has entered into an agreement and plan of share exchange with United Mine Services, Inc. ("UMS") concerning Scarlet's planned acquisition of 100% of the shares of common stock of UMS (the "Proposed Transaction"). Approval of the Proposed Transaction and other matters will be sought at the shareholders' meeting.

Scarlet also reports that it anticipates trading in its shares to resume on the CNSX on Tuesday, April 6, 2010.

On behalf of the board of directors of Scarlet Resources Ltd.

Robert Bick, CEO, President and Director

The Canadian National Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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