Odyssey Resources Limited
TSX VENTURE : ODX

Odyssey Resources Limited

June 25, 2009 11:16 ET

Odyssey Grants Stock Options, Appoints Investor Relations Manager

LONGUEUIL, QUEBEC--(Marketwire - June 25, 2009) - Odyssey Resources Limited ("Odyssey" or the "Company")(TSX VENTURE:ODX) announces the grant of incentive stock options to acquire an aggregate of 2,200,000 common shares of Odyssey, of which 2,000,000 options have been granted to directors and officers. The options are exercisable at $0.20 per share, which was the market closing price on June 24, 2009, the day preceding the grant. The options have a five-year term and options granted to certain optionees are subject to vesting in accordance with the governing option agreements. All options are subject to the policies of the TSX Venture Exchange.

The Company also announces the appointment of Geraldine Paxton as Manager, Investor Relations. Ms. Paxton is located at the Company's administrative office in Longueuil, Quebec and reports to the President and CEO. In this position, Ms. Paxton is responsible for the Company's investor relations and supports shareholder and media communications. Ms. Paxton has been granted an option to purchase 75,000 common shares of the Company, as part of the grant of options announced above.

About Odyssey Resources

Odyssey Resources Limited is a Canadian-based junior exploration company that is earning a 50% joint venture interest in two gold-exploration projects, the FCI and Auclair properties located in the James Bay region of Quebec, from Virginia Mines Inc.

For more information, please refer to Odyssey's website www.odysseyresources.com.

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.

Contact Information