Golden Touch Resources Corp.

September 06, 2011 19:30 ET

Golden Touch Bolsters & Augments Management Team: Adds Executive Manager of Corporate Development

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 6, 2011) - Golden Touch Resources Corp. ("Golden Touch" or the "Company") (TSX VENTURE:GOT)(FRANKFURT:0GT) is pleased to announce the appointment of Thomas M. Corcoran as its Executive Manager of Corporate Development, effective September 6, 2011. In his new position, Mr. Corcoran will be responsible for developing, implementing and executing all aspects of Golden Touch's corporate development opportunities designed to enhance its shareholder value. Included in the role will be the forging of new relationships with institutional investors, raising of capital to fund the continued development of the Company's exploration and development programs, an expanded marketing and public relations program, and assisting with corporate governance and regulatory matters. Mr. Corcoran is a Corporate Communications professional with close to 25 years of experience in senior management roles encompassing finance, investor relations, business development, corporate communications, public relations and marketing. He will be based at the Company's corporate headquarters in Vancouver, British Columbia, Canada.

"We are pleased to add Tom to our senior management team," said Rob Murdoch, Chairman and President of Golden Touch. "Tom's diverse background and extensive knowledge of the mining industry on all fronts, coupled with his extensive investor relations and corporate development experience, industry contacts and proven track record, will play a key role as the Company continues to expand its excellent pipeline of advanced exploration assets in Albania and focuses to increase shareholder wealth."

Pursuant to a written consulting agreement with Mr. Corcoran, Golden Touch has granted to Mr. Corcoran options to purchase 300,000 shares of its common stock at an exercise price of $0.43. These options are for a term of five years from the date of grant, vesting quarterly in four equal installments, as with the option provisions of the TSX-V Exchange.

On Behalf of the Board of Directors,

Golden Touch Resources Corp.

Rob Murdoch, Chairman and President

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

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