VANCOUVER, Nov 12, 2009 -- Anglo Swiss Resources Inc is pleased to announce the addition of Thomas J. Obradovich to its board of directors effective immediately. The current Board is delighted that Mr. Obradovich has joined our board of directors as his knowledge and experience within the mining sector are invaluable in providing direction and support as Anglo Swiss further develops the Kenville Gold Property Group.
Tom is a graduate of the Haileybury School of Mines in Mining Technology and Advanced Field Geophysics. He has a wide range of experience in mining exploration, development and financing. Over a career of twenty seven years he cofounded Canadian Royalties Inc. which discovered and developed the Raglan South Nickel Belt. He then acquired most of the Matachewan Gold Camp and through a reverse takeover of Young-Davidson Mines Ltd. upgraded and doubled the resource which was subsequently acquired by Northgate Minerals in 2005. The project is in pre- feasibility and is scheduled for production in 2011. He cofounded Aurelian Resources Inc. which discovered the Fruta Del Norte gold deposit in Ecuador which was subsequently acquired by Kinross. Kinross is currently developing the 14 million ounce gold resource. He assisted in raising the seed and IPO capital to create U3O8 Corp. which is developing uranium deposits in Guyana. He currently operates a private exploration company known as Canadian Continental Exploration Corp. and recently acquired a non core asset from Goldcorp to form Manitou Gold Inc. which is scheduled to be listed in Toronto in late 2009.
Anglo Swiss Resources Inc. has granted 2,100,000 options to directors, officers and/or employees at 30 cents for up to a period of five years. The options will vest according to the 2009 stock option plan, and are subject to trading restrictions as per regulatory rules and policies.
About Anglo Swiss
Anglo Swiss Resources Inc. is a mineral exploration company with its current focus on gold, silver and base metals at its Kenville Gold Property Group located to the south west of Nelson, British Columbia. The Kenville Gold Property Group consists of 3,411 hectares of contiguous claims striking over 8 kilometres situated along the Silver King Regional Shear Zone. The Silver King Shear is the host to numerous, historical gold, copper and silver mines in southeastern British Columbia including Anglo Swiss' 100% owned Kenville Gold Mine.
For further information, investors are asked to visit the Anglo Swiss Resources Investor Relations Hub at www.agoracom.com/IR/AngloSwiss or email to ASW@agoracom.com Sign up for free SMS News Release service, simply text ASW2 in the body of the text message to 32075 or visit the Mobile FRC link at the Company's website. Please visit the Company's website at www.anglo-swiss.com
Reader Advisory
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Cautionary Statement on Forward-Looking Information:
This release contains certain "forward-looking statements" including, without limitation, expectations, beliefs, plans and objectives regarding the potential transactions and ventures discussed in this release. Among the important factors that could cause actual results to differ materially from those indicated by such forward-looking statements are the risks inherent in mineral exploration, the need to obtain additional financing, the availability of needed personnel and equipment for exploration and development, fluctuations in the price of minerals, and general economic conditions.
Company contacts:
Anglo Swiss Resources Inc
Len Danard, (604) 683-0484
President and Chief Executive Officer
Fax: (604) 683-7497
info1@anglo-swiss.com
or
Investor Relations Contacts:
The Howard Group Inc.
Jeff Walker or Grant Howard
Toll Free: 1-888-221-0915
www.howardgroupinc.com
