SOURCE: Trophy Resources, Inc.

November 26, 2007 09:27 ET

Trophy Resources Announces Changes to Their Board of Directors

CLEVELAND, OH--(Marketwire - November 26, 2007) - Trophy Resources' (PINKSHEETS: TRSI) Board of Directors is pleased to announce the addition of Mr. Joseph Canouse.

Mr. Canouse is taking the position held formally by Mr. Eric Leonetti who has resigned his position with the company and its Board of Directors.

Mr. Canouse, who will also serve as President and CEO, brings years of experience in finance and consulting publicly traded companies. Through J. P. Carey, Inc. and its various successor companies, Mr. Canouse assisted in financing small companies for the past 13 years, raising over a billion dollars. More recently he has acted as a consultant for public companies including True Religion.

"Mr. Leonetti has chosen to leave Trophy to pursue other opportunities. While we are grateful for the hard work and progress Mr. Leonetti made in the areas of oil and natural gas acquisitions and debt reduction it had become apparent that he had lost the support of many; we wish him well," said new President and CEO, Joseph Canouse.

About Trophy Resources

Trophy Resources, Inc. ( is an independent natural resource company with the goal of controlling lease hold acreage and mineral rights. Trophy's oil interests are in the Fort Worth Basin in central Texas, Williston Basin, Montana and the Wind River Basin in Wyoming. Trophy expects to acquire advanced-stage projects and/or producing mines in some of the most prolific precious metal districts in the world. The Company's goal is to evaluate profitable options, build a solid foundation of assets through acquisition of land and/or leases, and explore and develop opportunities on these leases.

This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. Trophy Resources, Inc. is an exploration with limited experience in the oil and gas industry. At the time of this release Trophy Resources lacks the financial capabilities to meet its financial obligations and its management expects to dilute the company's shares to raise the necessary operating capital. Based upon industry standards Trophy would be considered highly speculative and lacks any competitive advantage over its competition. Additional risks you should consider, this list is limited and additional risk not mentioned may apply: failure to meet Trophy's financial and contractual obligations, Trophy's managerial errors made based upon the Company's limited experience and knowledge of the industry, commodity risk, acts of God and regulatory risk. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

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