Shane Resources Ltd. Announces Election of Directors

SASKATOON, Dec. 10 /CNW/ - Shane Resources Ltd. (SEI - TSX Venture) Shane Resources Ltd. ("Shane Resources") is pleased to announce that Mr. Steve Rogoschewsky and Mr. Michael Der have been elected to the board of directors of Shane Resources by the shareholders of Shane Resources, subject to regulatory approval.

Mr. Rogoschewsky is the Chief Executive Officer and a founder of Blacksun Inc., a successful, privately held Information Technology services provider, which is the largest web-hosting company in Saskatchewan.

Mr. Der , B.Comm., LL.B., is an associate at the Calgary office of Davis LLP specializing in securities law, corporate finance and Mergers and Acquisitions.

Kyle Kozuska, President of Shane Resources said, "We are very pleased to add Mr. Rogoschewsky and Mr. Der to the board of directors of Shane Resources. Their business and operational experience and technical expertise will be of considerable value to the Board and will keep the Board well positioned to guide Shane Resources in its future endeavors."

Mr. Kozuska also added that "On behalf of all of the management of Shane Resources and the incoming Board members, I would like to thank Mr. Derrek Fahl and Mr. Gary Meschishnick for their past service."

For more information please visit our website at www.shaneresources.com.

ON BEHALF OF THE BOARD

"Kyle Kozuska"

    
    Kyle Kozuska
    President

    Neither 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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For further information: Shane Resources Ltd., Kyle Kozuska, [phone], Facsimile: [phone], www.shaneresources.com, [email protected]