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Message: Spider Resources Inc. to be featured on CEO Clips on The Biography Channel

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Spider Resources Inc. to be featured on CEO Clips on The Biography Channel

posted on Apr 23, 10 06:24PM

Apr 23, 2010 5:19:00 PM

Apr 23, 2010 (TheNewswire.ca via COMTEX News Network) --

(via Thenewswire.ca)

TORONTO, ONTARIO - April 23, 2010 - Spider Resources Inc. (SPQ:TSX-V), is pleased to announce that CEO Clips, a series of two minute corporate profiles on Canadian companies, will feature Spider on The Biography Channel beginning Monday April 26 through to May 9 at random throughout the week for the next two weeks throughout the day and evenings. In addition, it will be posted on Yahoo Finance Canada, MSN Money and Stockhouse.com on your stock symbol page as well as on www.ceoclips.com

About The Biography Channel:

"Over Half of Canadians in digital households watch The Biography Channel," Roper Report. The Biography Channel finished #1 in awareness, viewership and importance to the enjoyment of cable in a Beta Research Subscriber study of digital cable subscribers and can currently be viewed in 1.15 mil Canadian homes.

About Spider Resources Inc.

Spider Resources Inc. is the "Spark that set off the Ring of Fire". Spider, the Pioneer Explorer in the James Bay Region of Northern Ontario since 1993 was responsible for the discovery of eight kimberlites (1994-95), ten VMS occurrences, including two VMS deposits (2002-2006), one chromite deposit (2006). Regional geophysical surveying and other exploration efforts as initially conducted by Spider formed the exploration data-set that lead to the first discovery of Chromite in the area in February '06, in a peridotite intrusion, and about a year later lead to the eventual discovery of additional chromite deposits and related Magmatic Massive Sulphide Nickel Deposit by others. Spider Resources Inc. is a Tier 2 Canadian exploration company, quoted for trading on the TSX Venture Exchange under the symbol SPQ. There are currently 471,361,099 shares issued in Spider. Spider has approximately $5.0 million in working capital at present.

For further information concerning Spider Resources Inc., please contact:

NEIL D. NOVAK, P.Geo.

President and CEO

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