Reef Resources Ltd.
TSX VENTURE : REE

Reef Resources Ltd.

December 19, 2008 13:53 ET

Reef Resources Ltd. Announces Director Resignation

CALGARY, ALBERTA--(Marketwire - Dec. 19, 2008) -

NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES FOR DISSEMINATION IN THE UNITED STATES.

Reef Resources Ltd. ("Reef" or the "Company") (TSX VENTURE:REE) announces that Mr. Neil Marshall has tendered his resignation as a Director of the Corporation to be able to devote more time to his other primary business commitments.

The Board of Directors would like to thank Mr. Marshal for his time, service, insightful advice and valuable contributions he made during his tenure as a director.

About Reef Resources Ltd.

Reef was formed to participate in the exploration, development and production of conventional crude oil and natural gas reserves in Ontario, Alberta and Saskatchewan. The Company's strategy is to build shareholder value through internally generated exploration and development drilling as well as through selective acquisitions.

Forward Looking Statements - This news release contains certain forwardlooking statements, which include assumptions with respect to raising funds and future capital expenditures. The reader is cautioned that assumptions used in the preparation of such information may prove to be incorrect. All such forward looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control. Furthermore, the forwardlooking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the included forwardlooking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.

The TSX Venture does not accept responsibility for the adequacy or accuracy of this news release.

Contact Information

  • Reef Resources Ltd.
    Arnie Hansen
    President & CEO
    (403) 251-9447 Ext 224
    (403) 265-9553 (FAX)
    or
    Reef Resources Ltd.
    Tariq S. Malik CA
    Chief Financial Officer
    (403) 251-9447 Ext 227
    (403) 265-9553 (FAX)