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Historic Discovery Along Porcupine Destor Fault
Message: Corporate Update
| February 17, 2009 |
| Clifton Star Resources Inc.: Corporate Update |
| VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 17, 2009) - Clifton Star Resources Inc. (TSX VENTURE:CFO)(FRANKFURT:C3T) is pleased to announce the appointment of Cheri L. Pedersen of Boughton Law Corporation as corporate counsel replacing William Schmidt of Hemsworth Schmidt. The company thanks Mr. Schmidt for his able contribution over many years. The company announces the granting of incentive stock options to a director, officer and certain consultants exercisable for a total of 340,000 shares until February 17, 2010 at $2.55 per share. In addition, it has cancelled an option exercisable for 200,000 at $2.70 per share granted on June 9, 2008. Clifton Star Resources is a junior explorer and developer of five former gold producers near Duparquet, Que. It is currently awaiting a NI-43-101 compliant resource update from two international engineering consulting firms. The reports are expected in March 2009. Further, an evaluation report of the mill clean-up, tank dumps and mine tailings is expected at the end of February 2009 by one of the firms. On behalf of the board, Harry Miller, President |
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