Trelawney Mining and Exploration Inc.

Trelawney Mining and Exploration Inc.

April 01, 2009 17:58 ET

Trelawney Announces Shareholder Approval of Consolidation and Name Change

TORONTO, ONTARIO--(Marketwire - April 1, 2009) - Trelawney Resources Inc. (TSX VENTURE:TRR) is pleased to report that the Company is proceeding with the initiatives that were authorized by the shareholders at the Company's recent Annual & General Meeting held Wednesday, March 25, 2009. Accordingly, Trelawney will be filing Articles of Amendment to change the Company's name to Trelawney Mining and Exploration Inc. and to consolidate each of the issued and outstanding shares by changing each five (5) common shares into one (1) common share. The Company anticipates its trading symbol will remain TRR.

In a Board meeting held subsequent to the AGM, the Board of Directors, which now comprises Wayne O'Connor, George Cole (1), Robert Duess, Gregory Gibson, Christopher Irwin (1)(2) and Patrick Mohan (1)(2), appointed officers of the Company as follows:

Wayne O'Connor Chairman
Greg Gibson President & Chief Executive Officer
Andres Tinajero Chief Financial Officer
Charlotte May Secretary
James Fairbairn Treasurer
Nadim Wakeam Assistant Secretary

(1) Member of Audit Committee
(2) Member of Compensation Committee

Trelawney Resources is a mineral exploration company which holds interests in properties in Ontario including the Dorset property which is a 50/50 joint venture with Metalcorp Limited and Trelawney is the manager of the joint venture. Trelawney also owns a 100% interest in the 13,000 acre Mishi property in the Wawa area. In the Sudbury area, Trelawney owns a 100% interest in the Massey mine property which is a copper - gold exploration target with characteristics similar to iron oxide - copper - gold (IOCG) deposits.

For more information on Trelawney, please visit the Company website at

Shares Issued: 89,752,688

Statements in this press release regarding the Company's business which are not historical facts are "forward-looking statements" that involve risks and uncertainties, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties. Actual results in each case could differ materially from those currently anticipated in such statements.

This press release contains forward looking statements within the meaning of applicable Canadian and U.S. securities regulation, including statements regarding the future activities of the Company. Forward looking statements reflect the current beliefs and expectations of management and are identified by the use of words including "will", "anticipates", "expected to", "plans", "planned" and other similar words. Actual results may differ significantly. The achievement of the results expressed in forward looking statements is subject to a number of risks including those described in the Company's information form as filed with the Canadian securities regulators which are available at Investors are cautioned not to place undue reliance upon forward looking statements.

The TSX Venture Exchange has neither approved nor disapproved of the information contained herein.

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