EDMONTON, March 12 /CNW/ - Solid Resources Ltd. ("Solid") announces that
the company has held, on March 5th, 2008, its Annual General Meeting for the
year ended December, 2006. Garnet Harter, who has worked with the Company for
the past ten years has again accepted the position of Interim President and
CFO until a suitable candidate can be recruited to fill the President's
Mr. Kevin Moore has been elected as a director by the shareholders at the
Company's AGM. Mr. Moore previously served as a Director of the company from
January 15 to November 16, 2005. Mr. Moore has established a successful track
record as President and Senior Manager within various companies over his
career and has developed significant contacts within the North American
investment community. Concurrent with Mr. Moore's appointment, the Company has
granted to him an aggregate of 150,000 options to purchase common shares of
the Company. The options expire at the end of five years and the exercise
price is $.24 per share.
Kevin Moore has been appointed as Chairman of the Board. The audit
committee is comprised of R. Derek Frost (chairman), Harry McKinders and Kevin
Moore. The compensation and governance committee is comprised of Gary Kissack
(chairman) Leonard Trump and R. Derek Frost. The nominating committee is
comprised of Gary Kissack (chairman), Leonard Trump and Garnet Harter. The
Disclosure Officer is Gary Kissack and the Privacy Officer is Harry McKinders.
Garnet Harter has been named Communications Officer.
The Company's website is at www.solidresources.com and the common stock
trades on the TSX Venture Exchange under the symbol SRW and on the Frankfurt
Stock Exchange under the symbol A0BLQQ.
Certain statements contained in this press release, including statements
which are related to exploration activity and future prospects and
profitability and which may contain words such as "could", "should", "expect",
"believe", "will" and similar expressions and statements relating to matters
that are not historical facts are forward-looking statements. Such
forward-looking statements involve known and unknown risks and uncertainties
which may cause the actual results, performances and/or achievements of Solid
to be materially different from any future results, performances or
achievements expressed or implied by such forward-looking statements. Such
factors include fluctuations in the market conditions and prices of tantalum,
lithium, tin, silver and other metals and related products and services;
competition; political and economic conditions in countries in which Solid
does business; changes in laws and regulations, including environmental
regulations, to which Solid is subject, and other factors which are described
in further detail in Solid's filings with the Canadian Securities Regulators.
The TSX Venture Exchange has not reviewed this release and does not
accept responsibility for the adequacy or the accuracy of this release.
For further information:
For further information: Garnet Harter, (780) 416-7525