Salmon River Resources Ltd.
TSX VENTURE : SAL

Salmon River Resources Ltd.

December 20, 2011 13:38 ET

Salmon River Concludes Debt Settlement

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 20, 2011) - Salmon River Resources Ltd. ("Salmon River" or the "Company") (TSX VENTURE:SAL) is pleased to announce that the TSX Venture Exchange has approved the Company's proposal to settle indebtedness of $600,000 by the issuance of 1,714,285 shares of the Company at a price of $0.35 per share (see news release dated November 27, 2011).

All shares issued pursuant to this debt settlement are subject to a four-month hold period expiring on April 16, 2012 in accordance with the policies of the TSX Venture Exchange and applicable securities legislation.

For further information about Salmon River Resources Ltd. (TSX VENTURE:SAL), see our website at www.salmonriverresources.com.

On behalf of the Board of Directors of

SALMON RIVER RESOURCES LTD.

J.G. Stewart, President

Neither 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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