LANGLEY, BC, Jan. 27 /CNW/ - Shoreham Resources Ltd. ("Shoreham", or the
"Company") (TSX-V: SMH) is pleased to announce that effective following
the close of trading on January 28, 2011 it will change its name to
Guyana Frontier Mining Corp. ("Guyana Frontier"). The shareholders of
Shoreham approved the name change at the Company's Annual and Special
Meeting, held in Vancouver, B.C. on November 30, 2010, and the Company
has received approval from the TSX Venture Exchange ("TSX-V"). The
common shares of Guyana Frontier will commence trading on the TSX-V
under the new name and ticker symbol "GYG" at the opening of business
on Monday, January 31, 2011.
Holders of Shoreham's share and warrant certificates do not need to take
any action as a result of the name change.
Shoreham also announces that effective January 31, 2011 it will move its
head office location from Langley, B.C., Canada, to Vancouver, B.C.,
Canada. The new address details are as follows:
Guyana Frontier Mining Corp.
Suite 1500 - 701 West Georgia Street
Vancouver, B.C., Canada V7Y 1C6
PH : (604) 533-9288
Fax : (604) 533-9296
Our new website will be open on January 31, 2011, at www.guyanafrontier.com
For further information contact Mr. Warren Stanyer, Chairman and Chief
Operating Officer, or Mr. David A. Bending, President and Chief
Executive Officer, at (604) 533-9288.
About Guyana Frontier
Guyana Frontier is a public mineral exploration company (effective
January 28, 2011) listed on the TSX Venture Exchange (TSX-V: GYG), and
is focused on the exploration, discovery and development of precious
metals deposits located within the South American country of Guyana.
Guyana Frontier (formerly Shoreham) began acquiring interests in
Guyanese gold exploration properties in 2007, and now holds various
rights to obtain working interests in approximately 322,150 acres
(130,370 hectares) of prospective lands. Guyana Frontier's main asset
is the Marudi Mountain Project, which was the subject of extensive
exploration by previous explorers, but has not been the subject of a
diamond drilling program since 2004. Guyana Frontier's goal is to
develop a significant gold resource at the Marudi Mountain Project, and
to explore its other projects using joint venture funding.
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.
This news release contains forward-looking statements that are based on
the Company's current expectations and estimates. Forward-looking
statements are frequently characterized by words such as "plan",
"expect", "project", "intend", "believe", "anticipate", "estimate",
"suggest", "indicate" and other similar words or statements that
certain events or conditions "may" or "will" occur, and include,
without limitation, statements regarding the completion of the
Company's planned name change, the change to the Company's office
address and updates to the Company's website. Such forward-looking
statements involve known and unknown risks, uncertainties and other
factors that could cause actual events or results to differ materially
from estimated or anticipated events or results implied or expressed in
such forward-looking statements. Any forward-looking statement speaks
only as of the date on which it is made and, except as may be required
by applicable securities laws, the Company disclaims any intent or
obligation to update any forward-looking statement, whether as a result
of new information, future events or results or otherwise.
Forward-looking statements are not guarantees of future performance and
accordingly undue reliance should not be put on such statements due to
the inherent uncertainty therein.
SOURCE Shoreham Resources Ltd.
For further information:
Mr. Warren Stanyer, Chairman and Chief Operating Officer, or Mr. David A. Bending, President and Chief Executive Officer, at (604) 533-9288.