TSX.V: CCC

Appleton Exploration Appoints New Director and Grants Stock Options

April 3, 2009 - Vancouver, British Columbia. Appleton Exploration Inc. (AEX – TSX.V) reports that Karl Kottmeier has been appointed to the Board of Directors of the Company effective immediately. Mr. Kottmeier has over 15 years of experience in the junior equities markets in both Corporate Finance and Investment Advisor roles with McDermid St. Lawrence/Raymond James and Leede Financial Markets, directly participating in raising over $100 million in equity capital for public companies. He is currently President and director of Rockgate Capital Corp., Northrock Resources Inc., Falkirk Resources Inc., Durango Capital Corp., and Rockridge
Capital Corp.

The Company also reports that it has granted 1,125,000 stock options to directors, officers, and consultants of the Company, at an exercise price of $0.14 per share, expiring on April 3, 2014, subject to the terms and conditions of the Company’s stock option plan.

 

On Behalf of the Board of Directors,
“R. Tim Henneberry”
R.Tim Henneberry, P.Geo.
President and CEO


For further information, please contact:
Tim Henneberry: (604) 694-0741

For Investor Relations Information contact:
Contact Financial Corp.
604.689.7422 | Toll Free 1.877.689.7411

 

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

This website includes certain "forward-looking statements" such as estimates and statements that describe Cornerstone Metal Inc.’s property, future plans, objectives or goals. All statements in this website, other than statements of historical facts, that address future production, resource potential, exploration and development activities and events or developments that the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance or developments to differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, market prices, environmental conditions, judicial, regulatory and political developments, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions.