Hudson Resources Inc.

Hudson Resources Inc.

September 29, 2011 18:06 ET

Hudson Announces Corporate Updates

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 29, 2011) - HUDSON RESOURCES INC. (the "Company") (TSX VENTURE:HUD)(OTCQX:HUDRF) announces that the Company's shareholders have ratified a shareholder rights plan at the Company's annual general meeting held on September 27, 2011. This plan replaces the Company's earlier shareholder rights plan that has expired.

The shareholder rights plan has been adopted to ensure the fair treatment of all shareholders with respect to any takeover bid for the common shares of the Company. It is designed to provide shareholders with sufficient time to properly consider a takeover bid without undue time constraints. In addition, it will provide the board with additional time for review and consideration of any unsolicited takeover bid and, if necessary, for the consideration of alternatives.

This rights plan is not being adopted in response to any proposal to acquire control of the Company.

With respect to the Company's annual compensation review governing the granting of options, the board of director's has approved the granting of a total of 1,200,000 incentive stock options to directors, officers and employees of the Company, as per the terms of the stock option plan. The options are exercisable at $0.65 per share for a period of five years, subject to the policies of the TSX Venture Exchange.


James Tuer, President

Forward-Looking Statements

This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this news release, including, without limitation, statements regarding plans for the completion of a financing and the intended terms and use of proceeds thereof, and other future plans and objectives of the Company are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include market prices, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Company with securities regulators. The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

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 release.

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