Scout Exploration Inc.
OTC Bulletin Board : SCXN

Scout Exploration Inc.

July 08, 2009 16:46 ET

Scout Exploration Corporate Update

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 8, 2009) - Scout Exploration Inc. (OTCBB:SCXN) announces it has entered into an Agreement with Brian Mahood to return 100% of the issued and outstanding shares of Kerrisdale Resources to Mr. Mahood in exchange for full release of any future payments or liabilities, effective March 31, 2009.

This transaction closed on June 30, 2009.

On behalf of the Board,

Jason Walsh

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