TSX.V: CCC

Appleton Exploration Inc. Makes Second Anniversary Option Payment

May 5, 2011 - Vancouver, British Columbia.  Appleton Exploration Inc. (AEX - TSX.V) reports that pursuant to an agreement dated February 20, 2009, whereby the Company may acquire up to a 100% interest in the Manalo Gold Project in Mali, the Company has issued 500,000 units to Delta Exploration Inc., being the second anniversary option payment.  Each unit is comprised of one common share and one share purchase warrant entitling the holder to acquire one additional common share of Appleton at an exercise price of $0.14 per share on or before March 18, 2013.  The securities are subject to a four month hold until July 19, 2011.  

On Behalf of the Board of Directors,

"R. Tim Henneberry"

R.Tim Henneberry, P.Geo.

President and CEO 

For further information, please contact:

For Investor Relations Information contact:

Tim Henneberry:  (604) 694-0741

Contact Financial Corp.

604.689.7422 Toll Free 1.877.689.7411

 Neither the TSX Venture Exchange nor its Regulations Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

 



 

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