Shoreham Resources Ltd.

Shoreham Resources Ltd.

September 12, 2007 09:37 ET

Shoreham Resources Ltd. Engages Pro-Edge Consultants to Provide Investor Relations and RM Communications Inc. to Provide Corporate Communication Services

TORONTO, ONTARIO--(Marketwire - Sept. 12, 2007) - Shoreham Resources Ltd. ("Shoreham") (TSX VENTURE:SMH), an exploration company with an emphasis on advanced projects including substantial assets with molybdenum, silver and uranium in Ontario and gold in Guyana; is pleased to announce that it has retained pro-edge consultants inc. ("pro-edge") to provide investor relations services effective May 28, 2007, for a period of 12 months. In addition, the Company is pleased to announce that it has also entered into a Corporate Communications Agreement with RM Communications Inc. ("RMC") of Toronto effective September 1, 2007, for a period of 12 months.

Pro-edge will receive an initial fee of $2,500 per month for the first 3 months of this contract and re-negotiated thereafter for the remainder of the contract. Shoreham will issue to pro-edge 200,000 options to purchase common shares ("options") of Shoreham when available, and subject to TSX Venture Exchange approval. The options will be priced at the TSX Venture Exchange price of Shoreham common shares as at market close on the day of Exchange approval. The term of the options shall be two (2) years from date of issue, and will vest over a period of 15 months in accordance with the Shoreham Stock Option Plan.

RMC will create and provide all services associated with the Company identity, brand, communications materials and website. RMC will receive an initial set-up fee of $7,500, $1,000 per month for 12 months and the issuance of 100,000 stock options to each of the two principals of RMC for a total of 200,000 stock options for common shares in the Company. These stock options will be granted sometime in the future (but within the next 12-months) when the Company issues stock options, and will be priced at market prices subject to Exchange approval. The options will be on terms and conditions pursuant to the Company Stock Option Plan.

This investor relations and corporate communications agreements are subject to approval by the TSX Venture Exchange.

David Bending, P. Geo., President and CEO of Shoreham commented, "I am very pleased to announce the formal signing of these important relationship agreements with our new IR and Communications partners. In Guyana we have several properties including the development stage Marudi / Paint Mountain Gold project and in the Favourable Lake region of northeastern Ontario we have assembled a group of properties in close proximity to one another that we feel could be the largest Molybdenum prospect in eastern Canada. Public access and timely dissemination of on-going activities will be of vital importance to our shareholders and we could not be more pleased with the caliber and professional reputation of our new partners."

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

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