Colt Resources Appoints New Director: Donald J.P. Ziraldo

    
    Trading Symbols: GTP - (CNSX)
    P01 - (FRANKFURT)
    

MONTREAL, June 1 /CNW Telbec/ - Colt Resources is pleased to announce that Donald J.P. Ziraldo, C.M., LLD has joined its Board of Directors. Donald is the owner of Ziraldo Estate Winery in Niagara on the Lake which produces Icewine exclusively (www.ziraldo.ca). Mr. Ziraldo was a founding partner of Inniskillin, a company dedicated to producing high quality, estate-bottled wines and became the international ambassador for Canadian icewine around the globe. He was awarded an Honorary Doctor of Laws Degree from Brock University in 1994 in recognition of his achievements including the arts, community service, and contributions to the university. He is also Founding Chairman, VQA: Vintners Quality Alliance.

Donald's board and advisory positions include Shaftesbury Films, Acadamie Du Vin Internationale, Zerofootprint, and RTN Stealth. In 2006, the Ministry of Agriculture, Food and Rural Affairs appointed him as Chairman of the Vineland Research & Innovation Center.

Among his many achievements, Donald received the Order of Ontario in 1993 and Order of Canada 1998, and in 1999 the National Post Business Magazine chose him as one of the top twenty-five Canadian CEOs of the century. For his business and community work, Donald has received numerous domestic and international awards and lifetime achievements in the areas of wine making and marketing, and business development and entrepreneurialism. He's an author of several books, including Icewine: Extreme Winemaking.

Nikolas Perrault, President and CEO of Colt Resources states, "It is with great pleasure that we welcome Donald to our Board of Directors. With his strong international connections and experience, he will further enhance Colt's profile globally. We are very pleased and privileged to have him join our team."

About Colt Resources Inc:

Colt Resources Inc is a Canadian based company focused on the exploration and development of mineral properties in Portugal.

Portugal offers a stable political environment, a strong workforce and properties may be accessed year round. Infrastructure in close proximity to the properties is well developed with roads, water and power available.

The Company's shares trade on the Canadian National Stock Exchange (CNSX) Symbol: GTP and on the Frankfurt Stock Exchange, Symbol: P01.

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement in this release containing words such as "believes", "anticipates", "plans", "expects" or "intends" and other statements that are not historical facts are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in those forward-looking statements. The CNSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

SOURCE Colt Resources Inc.

For further information: For further information: Nikolas Perrault, CFA, President & CEO, Colt Resources Inc., (514) 394-0009, Fax: (514) 394-0888, info@coltresources.com; Helen Bilhete, Director Investor Relations, Colt Resources Inc., (514) 394-0009 x5, Fax: (514) 394-0888, info@coltresources.com

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Colt Resources Inc.

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