Creston Moly Announces Business Combination with Tenajon Resources

http://agoracom.com/ir/Tenajon/forum...

"The combination of Creston and Tenajon creates a company that has excellent prospects for internal growth, and the scale of resource base to take advantage of what we believe will be an eventual turn-around in the moly space," said Colin K. Benner, Chairman of Creston.

[HA HA HA]

"We are happy to present to our shareholders the opportunity to be a part of a new, stronger, larger moly company that provides exposure to the Creston Project, one of the best undeveloped moly projects in North America," added Bruce McLeod, Chief Executive Officer of Tenajon.

A presentation of the business combination is available for viewing at www.crestonmoly.com and www.tenajon.com.

Board & Management

Following completion of the Transaction, Bruce McLeod will be appointed as President and CEO, Colin K. Benner will continue to serve as Chairman and Wayne Johnstone will continue serving as CFO. Upon completion of the Transaction, Jonathan George will continue with Creston serving as an advisor to the Board.

The Board of the Directors of Creston following completion of the Transaction will consist of Colin K. Benner, Bruce McLeod, Richard Godfrey, John McCleery, John Robins and Michael Gunning.