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Shoreham Resources Ltd.: Shoreham Receives Exchange Approval to Issue Shares for Debt

^{Published on 2009-04-03 07:02:05, Last Modified on 2009-04-03 07:02:26 - Market Wire}
 

LANGLEY, BRITISH COLUMBIA--(Marketwire - April 3, 2009) - Shoreham Resources Ltd. (TSX VENTURE:SMH), a Canadian exploration company dedicated to the exploration of advanced precious metal and polymetallic deposits in Guyana and Canada, is pleased to announce they have received approval from the TSX Venture Exchange to issue Shares for Debt to RPT Uranium Corp.

An option payment due to RPT for $20,000 has been made by issuing 156,500 common shares of Shoreham at a price of $0.1275 per share.

For further information please visit our website at [ www.shoreham.ca ] or contact our Investor Relations Representative, Mr. Mike Kachanovsky via email at [ mike@shoreham.ca ] or Pro-edge Consultants Inc., Tracy Weslosky, at 1-416-581-1717 or via email at [ tracy@proedge.com ].

Neither TSX Venture Exchange nor its Regulation 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.