Sama Resources Inc.

Sama Resources Inc.

November 25, 2010 17:00 ET

Sama Resources Approves Management Services Agreement and Grants Stock Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 25, 2010) - Sama Resources Inc. (TSX VENTURE:SME) (the "Company") is pleased to announce that it has entered into a management services agreement with Marc-Antoine Audet Géologue Consultant Inc. (the "Consultant") for the services of Dr. Marc-Antoine Audet to act as the Company's President and Chief Executive Officer.

The Company also announces that it has granted 1,000,000 incentive stock options at a price of $0.50 per share to each of the Consultant and a director of the Company. These options are granted as an incentive for the substantial contributions by the optionees to the Company's exploration projects in Côte d'Ivoire. Such projects are the main focus of the Company's business development. Vesting of these options shall occur and be conditional upon a change of control of the Company. The options will expire on November 23, 2015, whether vested or not.

The Company also granted 100,000 incentive stock options to a geological consultant of the Company pursuant to its Stock Option Plan and certain vesting provisions. These options are exercisable at a price of $0.40 per share and will expire on November 23, 2015.

The grant of the foregoing options is subject to regulatory approval.

For more information please visit the Company's website at

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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