TSX.V: CCC

Appleton Exploration Inc. (TSXV: AEX) Appoints Shearer as Interim CEO

Vancouver, B.C. - December 22, 2011. Appleton Exploration Inc. ("the Company") (TSXV: AEX) announces the appointment of Courtney Shearer, B.Sc., MBA as interim CEO, interim President, and director effective immediately.  Mr. Shearer replaces Mr. Tim Henneberry, who has resigned as CEO, President, and director.  The Company wishes to thank Mr. Henneberry for his services to the Company for the past five years.

Over a career spanning 31 years, Mr. Shearer has been involved in natural resources businesses, primarily in various capacities in the mining sector.  He has been President, CFO, Corporate Secretary and director for several public, exploration and mining companies since 2000.  He was a director of San Gold Corporation 2005 to 2010 while that company grew from an exploration company to a producing, junior mining company.

Mr. Fred Sveinson, director, said, "The current objective for the Company is to find new exploration or development-stage projects to grow the Company.  We look forward to exciting developments in 2012."

On behalf of the Board of Directors

Frederick J. Sveinson, Director

For further information, please contact:

 

Fred Sveinson (604) 230-1070

 


Neither the TSX Venture Exchange nor its Regulations 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.

 

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.