June 5, 2008 - Vancouver, British Columbia. Appleton Exploration Inc. (TSX-V : AEX) ha s retained Contact Financial Corp. to provide investor relations services to the Company, effective June 1, 2008, subject to TSX Venture Exchange approval. Contact will be paid $8,000 per month for an initial term of six months, renewable month to month after the initial term, and will also be granted 200,000 incentive stock options at an exercise price of 30 cents per share. The options are valid for five years and will vest quarterly over a period of 12 months, pursuant to Appleton’s stock option plan.

Contact Financial is a Vancouver-based investor relations firm that enhances communication between clients and their existing shareholders, and also introduces potential new shareholders, both retail and professional.

Appleton has recently terminated its investor relations contract with Marketsmart Communications Inc.

Appleton Exploration Inc. is a Vancouver based mineral exploration company currently exploring the Dora and Stobart / Fame epithermal gold properties in the Spences Bridge Gold Belt of southern British Columbia. Further information on these projects can be found on the Company website: www.appletonexploration.com.

 

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:
MarketSmart Communications:
(604) 261-4466  |   Toll Free: 1-877-261-4466

 

R. Tim Henneberry, P.Geo. , President, CEO & Director of the Company, is the Qualified Person as defined in
National Instrument 43-101, who has reviewed and approved the technical content of this news release.

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