Stellar Pacific Ventures Inc.

Stellar Pacific Ventures Inc.

December 15, 2009 14:34 ET

Stellar Pacific Ventures Inc.: Nomination of Giroux and Ryan to Board and Nicoletti Hired as CFO

MONTREAL, QUEBEC--(Marketwire - Dec. 15, 2009) - Stellar Pacific Ventures Inc. ("Stellar" or the "Corporation") (TSX VENTURE:SPX) is pleased to announce the nomination of Maurice Giroux and John Ryan to the board of the directors of the company and hires Martin Nicoletti as CFO.

Maurice Giroux, obtained a Bachelors degree in science, geology, (B. Sc. Geology) in 1977 from the University of Ottawa. He is a professional geologist, member of the Ordre des Geologues du Quebec, and is considered a "qualified person" for the purposes of NI 43-101. Mr. Giroux possesses more than 30 years of experience in the national and international mining exploration field. He has supervised exploration campaigns, developed medium-scale production operations in West Africa and has established and maintained good business relations in many African countries. He has extensive experience in the management of national and international public mineral exploration companies. Mr. Giroux was, from June 6, 2000 to August 2007, president, chief executive officer and a director of Searchgold Resources Inc., a TSX-V listed company.

John A. Ryan, CGA with 35 years of corporate and financial management experience has been the President of Nichange Enterprises Ltd., a financial consulting company. In December, 2000 Mr. Ryan became President, CEO and Director of Spruce Ridge Resources Ltd. a mineral exploration Company that trades on the TSX Venture Exchange. Mr. Ryan is also CFO and Director of Golden Dory Resources Corp. (TSX-V) and Metalore Resources Limited (TSX).

Martin Nicoletti, is a CGA with 17 years experience in public companies. Presently he is President of Corporation Financiere SKTM Ltee, and former CFO of Resource KWG Inc and of Big Red Diamond Corp., both listed on the TSX-V.

The long experience of Mr. Giroux and Ryan in the mining industry will be very beneficial in the achievement of the company's overall restructuring. Stellar is dedicated to create growth through acquisition of advance gold projects and by discovering and mining the earth's resources in an efficient and environmentally responsible manner.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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