Resinco Capital Partners Inc.

Resinco Capital Partners Inc.

July 22, 2011 09:00 ET

Resinco® Capital Partners Inc. Acquires Securities of Teslin River Resources Corp.

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 22, 2011) - Resinco® Capital Partners Inc. (TSX:RIN)(FRANKFURT:L6V) ("Resinco") announces that on July 20, 2011 it acquired ownership of 6,250,000 common shares of Teslin River Resources Corp. ("Teslin") priced at $0.10 per share and 3,125,000 common share purchase warrants ("Warrants") exercisable for a period of 2 years into an equal number of common sares at $0.15 per Warrant provided however that in the event that the common shares of Teslin close for 20 consecutive trading days at a price of $0.30 or above, Teslin shall have the right to require the conversion of the Warrants within 30 days of notice of same. All securities issued pursuant to the Financing are subject to a four month hold period expiring on November 16, 2011.

Prior to this transaction, Resinco owned or controlled 10,341,420 common shares of the Company and 1,000,000 share purchase warrants of Teslin.

As a result of this transaction, Resinco held, as at July 20, 2011, 16,591,420 common shares of Teslin representing approximately 41.85% of all issued and outstanding common shares of Teslin. If all the Warrants were exercised, and all other warrants held by Resinco were also exercised, Resinco's holdings would total 20,716,420 or approximately 47.33% of all issed and outstanding common shares of Teslin calculated on a partially diluted basis assuming the exercise of Resinco's warrants only.

This transaction was made for investment purposes and Resinco could increase or decrease its investment in Teslin depending on market conditions or any other relevant factors.

About Resinco® Capital Partners Inc.

Resinco (Resource Investment Company) is a global investment company that specializes in providing early stage financing to private and public exploration and mining companies in the hard rock minerals, precious metals, rare-earth minerals, oil, gas, water and renewable energy markets.

For more information on Resinco, please visit

On behalf of the Board of Directors


John Icke , President and CEO

Statements in this news release, other than purely historical information, including statements relating to the Company's future plans and objectives or expected results, constitute Forward-looking statements. Such statements are based on numerous assumptions and are subject to all the risks and uncertainties inherent in the Company's business, including risks related to mineral exploration and development. Consequently, actual results may vary materially from those described in the forward-looking statements.

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

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