Canadian National Stock Exchange - New Listing - Scarlet Resources Ltd. (SCT)



    CNSX Bulletin 2009-0512

    TORONTO, May 29 /CNW/ - The common shares of Scarlet Resources Ltd. have
been approved for listing on CNSX. Following an Initial Public Offering of
2.67 million shares at a price of $0.15 per share, there are approximately 9.8
million shares outstanding with a public float of 2.5 million shares. Jordan
Capital Markets acted as Agent on the Offering.
    Scarlet Resources is engaged primarily in the business of evaluating,
acquiring and exploring natural resource properties. The Company holds an
option to acquire an undivided 100% interest in the Ches Property, an
exploration property situated in central British Columbia within the Omineca
Mining Division.

    Scarlet Resources is designated as a "thin float issuer".

    Listing and disclosure documents for Scarlet Resources will be available
in The CNSX Listings Disclosure Hall

    Trading Date: Monday, June 1, 2009
    Symbol: SCT
    CUSIP: 806087 10 2
    ISIN: CA 806087 10 2 4

    Applications are being accepted for Market Makers for "SCT".




For further information:

For further information: If you have any questions or require further
information please contact Radhika at (416) 572-2000 X 2435 or E-mail:
radhika@cnsx.ca

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