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.