TORONTO, ONTARIO - MarketWire - Oct 29, 2007 - - David Bending, President and CEO of Shoreham Resources Ltd. (TSX VENTURE: SMH), is pleased to announce that the Company has retained the services of AGORACOM Investor Relations ("AGORACOM") (http://www.agoracom.com) to provide online investor relations services, a Web 2.0 social network for current shareholders and high quality international awareness through one of the world's largest websites for the purpose of attracting new shareholders.
ONLINE INVESTOR RELATIONS MAXIMIZES SPEED, TRANSPARENCY AND ACCESS
Shoreham Resources Ltd. has retained Agoracom to enhance its Internet based investor relations activities via the AGORACOM system to facilitate faster, better, and more accessible communications with both current and prospective shareholders around the world.
Effective in early November, a customized and monitored Shoreham Resources IR HUB will allow both the Company and AGORACOM to communicate with all investors simultaneously, anytime, and efficiently. Our new IR HUB will also provide management with an ability to extend communications beyond text via audio messages, video presentations, webcasts, and podcasts. In addition to traditional e-mail, investors will also have the ability to receive all communications via RSS feed.
LAUNCH OF SHOREHAM COMMUNITY
The Shoreham IR HUB propels the Company into the forefront of Web 2.0 community building by providing investors with two very important functions. First, a monitored electronic forum for the purposes of constructive and high-quality discussion amongst investors that is free of spam, profanity and misinformation. Second, a social network that provides investors with the ability to create extensive profiles that includes photos, bios, video messages to fellow investors, a rating system, and other important items to create a closer bond between our shareholders.
INTERNATIONAL EXPOSURE AND AWARENESS
As an exclusive provider of "Small-Cap Centres - Powered by AGORACOM" to Yahoo Finance Canada, AOL Finance Canada and every Blackberry device on earth, AGORACOM will provide comprehensive financial coverage of all newsworthy Shoreham press releases for the purposes of attracting new and prospective shareholders.
Shoreham President and CEO, David Bending, stated, "We are ready to enhance our communications with both existing shareholders and new investors utilizing the internet to assist them in searching for their next great investment. We proudly encourage our shareholders and all resource investors to utilize our new online IR system in order to maintain close and constant ties to our company's activities and watch our story develop."
The terms of the agreement provide coverage for an initial twelve month period commencing in November 2007. Agoracom will receive monthly compensation of $2,000. Shoreham Resources has also agreed to grant Agoracom up to 250,000 stock options at a share price to be established when the company next grants stock options to its key consultants and personnel, subject to regulatory approval. This agreement was negotiated entirely at arm's length. AGORACOM is located in Toronto, Ontario.
About AGORACOM
AGORACOM Investor Relations (http://www.AgoracomIR.com) is one of North America's largest online investor relations firm for small-cap companies. They have partnered with several of the world's largest Internet companies, including Yahoo, AOL, Google and Blackberry to market their clients to a massive audience of new small-cap investors. They have reportedly served over 200 companies since 1997.
AGORACOM Investor Relations has displaced the telephone and e-mail as primary IR communications devices. Their IR HUB delivers two-way investor relations in near real-time that is 24/7/365 accessible to shareholders around the world and goes far beyond text by offering both audio and video communications.
AGORACOM (http://www.Agoracom.com) is North America's primary small-cap community built to serve the needs of serious small-cap and micro-cap investors. No rumours, profanity, stock bashing or hyping. Their traffic ranking is in the top 1% of all websites around the world.
For more information on the Company, Investors are urged to review the Company's registered public filings that are available at www.sedar.com.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
Contacts: Shoreham Resources Ltd. David A. Bending President and CEO (416) 867-1101 (416) 867-1222 (FAX) Email: info@shoreham.ca
Website: www.shorehamresources.com
