|September 02, 2010|
Cliffmont Appoints New CFO And Grants Stock Options
|Vancouver, British Columbia - September 2, 2010 - Cliffmont Resources Ltd. (TSXV - CMO) Mr. Jeff Tindale, President and CEO, announces the appointment of Mr. Darren Tindale as the new CFO of the Company, effective September 1, 2010. Mr. Darren Tindale brings over 15 years of accounting experience and has worked in both public practice and industry. Mr. Tindale has served as CFO of numerous TSX Venture Exchange listed companies. To accommodate this appointment, Mr. Harvey Lim has resigned as CFO.|
The Company has granted stock options to purchase up to 690,000 shares, at a price of $0.36 per share, for a term of three years.
ON BEHALF OF THE BOARD
Jeff Tindale, President and CEO
Telephone: (604) 566-4454
Facsimile: (604) 683-1585
Forward Looking Statements.
This Company news release contains certain "forward-looking" statements and information relating to the Company that are based on the beliefs of the Company's management as well as assumptions made by and information currently available to the Company's management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitations, competitive factors, general economic conditions, customer relations, relationships with vendors and strategic partners, the interest rate environment, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results may vary materially from those described herein.
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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