Zone Resources Inc.

Zone Resources Inc.

October 03, 2011 12:36 ET

Zone Resources Inc. Retains Freeform Communications Inc. for Investor Relations

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 3, 2011) - Zone Resources Inc. (Zone) (TSX VENTURE:ZNR)(FRANKFURT:7ZR) is pleased to announce the engagement of Freeform Communications Inc. ("Freeform") to perform corporate advisory and investor relations services for the Company, subject to TSX Venture Exchange approval.

Freeform has been retained to assist the Company with a strategic mix of corporate communications and investor relations services in order to increase investor awareness and introduce the Company to private investors, analysts, brokers, fund managers, newsletter writers and other key influencers in the global iron ore industry and international investment community.

Under the terms of the agreement, Zone will pay Freeform $7,500 per month plus HST and grant options, according to the Company's stock option plan and the policies of the TSX Venture Exchange, to purchase up to 250,000 shares for a period of two years. In accordance with exchange regulation TSX Policy 4.4, Section 2.3 (b), these options will vest over a period of 12 months.

Zone also reports that the corporate advisory and investor relations services agreement with Ethos Consulting Ltd. ("Ethos") announced June 9th 2011 has been terminated. Zone would like to thank Ethos for services provided over the past few months.

About Freeform

Robert R. Ferguson, President of Freeform Communications Inc. (Established in 1992), operates this full service Investor Relations Firm based out of Vancouver, British Columbia. With over 40 years of combined experience specializing within the Mining Sector, Freeform has represented a wide array of public and private clients and has assisted each in attaining their targeted goals including the raising of capital and broadening their shareholder base.

About Zone Resources Inc.

Zone Resources Inc. is a Canadian Iron ore exploration and development company with 4 major projects situated in the Labrador Trough of Quebec, Canada. The properties are near Adriana Resources' Lac Otelnuk Project and New Millennium's Kemag and Labmag projects. Historical drilling on the Moore-Ross property includes a significant hole grading 42.9% iron over 197 feet. Over 37 drill holes, the primary iron mineral is hematite and iron grades ranged from 17.25% to 44.8%. Technical information in this news release has been reviewed by Mike Magrum, PEng. a qualified person as defined in National Instrument 43-101. The Company's shares trade on the TSX Venture Exchange under the symbol ZNR.

Cautionary note:

This report contains forward looking statements. Resource estimates, unless specifically noted, are considered speculative. Any and all other resource or reserve estimates are historical in nature, and should not be relied upon. By their nature, forward looking statements involve risk and uncertainties because they relate to events and depend on factors that will or may occur in the future. Actual results may vary depending upon exploration activities, industry production, commodity demand and pricing, currency exchange rates, and, but not limited to, general economic factors. Cautionary Note to US investors: The U.S. Securities and Exchange Commission specifically prohibits the use of certain terms, such as "reserves" unless such figures are based upon actual production or formation tests and can be shown to be economically and legally producible under existing economic and operating conditions.

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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