Dundarave Resources Inc.
TSX VENTURE : DDX

Dundarave Resources Inc.

September 10, 2010 17:30 ET

Dundarave Resources Inc.: Appointment of Directors and Officers and Granting of Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 10, 2010) - Dundarave Resources Inc. (TSX VENTURE:DDX) ("the Company") announces that it held its Annual General Meeting on September 9, 2009 and Paul Matysek, Brent Peters, Andre Pauwels and Christine Thomson were re re-appointed as directors of the Company.

Paul Matysek was appointed as CEO and President, George Lim as Chief Financial Officer and Christine Thomson, Corporate Secretary.

The Company also announces the granting of directors and officers incentive options to purchase up to 600,000 shares in the capital of the Company at a price of $0.55 for a period of three years, expiring on September 10, 2013.

The Company continues to review and conduct due diligence studies on advanced exploration and development opportunities.

ON BEHALF OF THE BOARD
Paul Matysek, M.Sc., P. Geo.
President & CEO

Forward Looking Statement
This press release contains "forward-looking information" that is based on the Company's current expectations, estimates, forecasts and projections. This forward-looking information includes, among other things, statements with respect to the Company's plans, outlook and business strategy. The words "may", "would", "could", "should", "will", "likely", "expect," "anticipate," "intend", "estimate", "plan", "forecast", "project" and "believe" or other similar words and phrases are intended to identify forward-looking information Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the Company's actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information.

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

Contact Information

  • Dundarave Resources Inc.
    Paul Matysek, M.Sc., P. Geo.
    President & CEO
    604-408-4777
    604-408-4799 (FAX)