

Everton Announces the Beginning of Trading for Focus Metals Inc. on the TSX Venture and the appointment of Dan Hachey to the Bo
OTTAWA, ONTARIO--(Marketwire - May 26, 2010) - Everton Resources Inc. ("Everton") (TSX VENTURE:EVR)(FRANKFURT:ERV) is pleased to announce the beginning of trading for Focus Metals Inc. ("Focus") (TSX-V: FMS) on the TSX Venture starting May 21, 2010. Pursuant to the terms of the Agreement with Focus, Everton has received 6 million common shares of Focus. Under a Surplus Security Escrow Agreement, these common shares are subject to a 36-month staged release escrow.
Everton is the largest shareholder of Focus with approximately 16% of the current outstanding shares and has one Board seat. Focus has completed its Initial Public Offering ("IPO") and has commenced trading on the TSX-Venture Exchange under the Symbol "FMS".
"The spin-off allows Everton to participate in the growth of the new vehicle and allows the new company to actively work and develop this very promising portfolio of properties", said Everton President and CEO, André Audet.
Everton Resources is also pleased to announce the appointment of Mr. Daniel F. Hachey to the Board of Directors, Mr. Hachey will be replacing Mr. Ian MacLean who recently resigned his position from the Board of Directors. "On behalf of management and the board, we extend our gratitude to Mr. MacLean for his dedication and hard work over the past few years and wish him all the best in his future endeavours, we welcome Mr. Hachey as our new member and we believe that his vast investment banking experience will be a great asset to Everton Resources as we move forward with our development plans." said Mr. Audet.
Everton is actively exploring in the Dominican Republic adjacent to the US$2.7 billion Pueblo Viejo project, currently being developed by the world's largest gold mining company, Barrick Gold Corporation (60%) (NYSE/TSX: ABX) in partnership with Goldcorp (40%) ("Goldcorp") (NYSE: GG, TSX: G). Pueblo Viejo is estimated to contain 22.4 million ounces of gold, 455 million pounds of copper and 131.3 million ounces of silver. Everton also holds through its 100%-owned subsidiary Hays Lake Gold various options consolidated land package located in the Shoal Lake area, near Kenora, Ontario. The Shoal Lake Gold Project is comprised of two significant high grade gold deposits: Duport and Cedar Island on 81.3 km2. The Company is also exploring in the Opinaca region of James Bay, Quebec where the Company has amassed one of the largest land claims adjacent to Goldcorp's Eleonore gold deposit, which currently hosts an estimated total mineral resource of 9.4 million ounces of gold.
This news release contains certain forward-looking statements that involve risks and uncertainties, such as statements of Everton's plans, objectives, strategies, expectations and intentions. The words "may", "would", "could", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" and similar expressions, as they relate to Everton, or its management, are intended to identify such forward-looking statements. Many factors could cause Everton's actual results, performance or achievements to be materially different from any future results, performance or achievements that may be expressed or implied by such forward-looking statements. The forward-looking statements included in this press release represent Everton's views as of the date of the release. While Everton anticipates that subsequent events and developments may cause its views to change, it specifically disclaims any obligation to update these forward-looking statements. All subsequent written and oral forward-looking statements attributable to Everton or persons acting on its behalf are expressly qualified in their entirety by this notice.
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.