🕐28.10.09 - 16:52 Uhr
TTM Resources Inc. Corporate Update
TSX-V Symbol: TTQ
Frankfurt Stock Exchange Symbol: T2U
US Clearing Symbol: TTMRF
Issued and Outstanding 46,329,989
PRESS RELEASE
October 28, 2009
Corporate Office:
202 - 750 West Pender St
Vancouver, BC Canada V6C 2T7
Tel: (604) 685-1144 Fax: (604) 685-9887
Toll Free: (877) 685-1144 email: web:
http://www.ttmresources.ca
TTM Resources Inc.
Corporate Update
The Company is pleased to announce the following additions to its team.
Dr.
Weiguo Lang - Fiscal Agent
TTM Resources Inc.
is pleased to announce the appointment of Dr.
Weiguo
Lang, as the companys Exclusive Fiscal Agent for operations in China and
the Far East.
Dr.
Lang will assist the Company in obtaining, structuring,
and negotiating financing arrangements for its Chu Molybdenum Mine
Development Project.
Dr.
Lang is a member of the Investment Committee for
the China Mining United Fund and earned a BSc.
degree in engineering in
China and MSc.
and Ph.D.
degrees in Engineering from the University of
Saskatchewan.
He speaks fluent English and Mandarin and resides in Beijing,
China where he serves as an advisor to various Chinese private and
government companies involved in mining and mining finance sectors
worldwide.
Ms.
Cheryl Liu - Investor Relations China
TTM is also pleased to announce the appointment of Ms.
Lui as Investors
Relations China.
Ms.
Liu will assist the Company in creating investor
awareness in China and the Far East.
Ms.
Liu is very knowledgeable in the
mining industry and will also assist the Company in its future development
plans.
She speaks fluent English and Mandarin and resides in Burnaby,
British Columbia
Grant of Incentive Stock Options
TTM Resources Inc.
is pleased to announce that, subject to regulatory
approval, it has granted a further 50,000 incentive stock options to
directors, officers and consultants of the company, exercisable at a price
of $0.40 per share for a period of 5 years from October 27, 2009.
Any
shares issued under the option grant will be subject to a four-month hold
period from the date of granting, pursuant to the policies of the TSX
Venture Exchange.
About TTM Resources Inc.
TTM Resources Inc.
is a Vancouver, British Columbia based Molybdenum
Development and Exploration Company focused on the resource development of
the Chu Molybdenum Project and three other molybdenum properties in British
Columbia, Canada
For further information visit the Companys web site at www.ttmresources.ca
TTM RESOURCES INC.
"Crichy Clarke"
W.K.
Crichy Clarke
President & CEO
Contact:
Main
W.K.
Crichy Clarke, President & CEO
Tom Brady
604) 685-1144 or Toll Free: (877) 685-1144 Fax: (604) 685-9887
Website: www.ttmresources.ca/
Email:
This communication to shareholders and the public contains certain
forward-looking statements.
Actual results may differ materially from those
indicated by such statements.
All statements, other than statements of
historical fact, included herein, including, without limitations statements
regarding future production, are forward looking statements that involve
various risks and uncertainties.
There can be no assurance that such
statements will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements.
The TSX
Venture Exchange has not reviewed and does not accept responsibility for the
adequacy or accuracy of this release.
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