dDdgeologist in the state of Califonia and a
Tel: 1-360-778-1360 837 Hastings Street West, Suite 408 Vancouver, BC, Canada V6C 3N6 www.resourceexploration.com [email protected] Symbol: CA:TSX-V
___________________________________________________________________________ NEWS RELEASE September 27, 2011 dDdgeologist in the state of Califonia and a Qualified Person as defined by NI 4as re
Caerus Resource Appoints Stella Frias Vice President and Director
Vancouver, British Columbia - Caerus Resource Corporation (TSXV.CA) (the “Company”) is pleased to announce the appointment to the Board of Directors of Ms. Blanca Stella Frias, a citizen of Colombia, to the position of Vice-President and Director. Ms Frias will act as country manager and legal representative for the Company in Colombia.
Ms. Frias is native to Colombia, and has worked on the ground in the Latin American mining scene for more than 20 years. With extensive knowledge of South American communities, she began her career by creating her own private company to consult in a number of small mining districts throughout Venezuela and Guyana. Ms. Frias has worked for companies such as Gold Reserve de Venezuela (a subsidiary of Gold Reserve Inc.), the NOA Foundation in Catamarca, Argentina, Greystar Resources, Terramundo Drilling, Minera Providencia (a Colombian subsidiary of Minera Andes), and Revemin II CA (Venezuelan subsidiary of Crystallex International). During this time period, Ms. Frias gained recognition as a community leader and CSR specialist.
Ms. Frias recently held the position of Administration and Community Relations Manager for Ventana Gold Corporation ( VEN.T ). She was a key member of the management team which developed Ventana from an exploration company to a company having successfully defined a world class gold deposit at La Bodega, Colombia. The result was a $ 1.4 billion dollar market buyout by AUX Canada Acquisition Inc., for Ventana’s gold assets in Colombia.
Ms. Frias will be based out of the Company offices in Medellin, Colombia, which is in close proximity to the El Cafetal and Buritica West Gold Projects currently under evaluation by the Company.
Mr. Adrian F.C. Hobkirk, President and Chief Executive Officer of Caerus, is quoted as saying “We are very pleased to be able to retain the key participation at the board level of Ms. Frias. Her extensive experience and success-oriented drive will be a great asset to Caerus“.
On Behalf of the Board of Directors of Caerus Resource Corporation.
Adrian F.C. Hobkirk, President and Chief Executive Officer - [email protected]
For further information, contact Adrian Hobkirk toll free at 855-894-4524, 714-316-3272 or email: [email protected] or Allan Feldman at AJF Consultants Ltd. at 604- 948-9663 or email: [email protected].
The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.