Day: May 26, 2011

Redzone Resources Ltd.: Resignation of Chief Financial Officer

VANCOUVER, BRITISH COLUMBIA–(Marketwire – May 26, 2011) – Redzone Resources Ltd. (the “Company”) (TSX:REZ) reports that Ms. Pauline Pasetka has tendered her resignation as Chief Financial Officer, effective July 31, 2011, to pursue other interests. As of August 1, 2011, the Chief Financial Officer role will be assumed by Ms. Rebecca Moriarty.

Zaruma Resources Announces Additional Bridge Financing

TORONTO, May 26, 2011 /CNW/ – Zaruma Resources Inc., (TSXV:ZMR.H), (the “Company” or “Zaruma”) announced that it has received conditional approval from the TSX Venture Exchange to raise up to C$250,000 in a Private Placement of up to 3,703,704 million units comprising one common share and one warrant entitling the holder to acquire an additional common share of the Company for C$0.135 for a period of one year from the date of subscription. The units are priced at C$0.0675 with the proceeds to be used for the Company’s cash requirements leading up to the release from escrow of the previously announced equity and debt financing to complete the Luz del Cobre Copper Project.

Almaden Minerals Down Nearly 5% after Drilling Update

Almaden Minerals Ltd. (AMM.TO) is down nearly 5% at $3.59 after announcing results from holes TU-11-21 through 26 and TU-11-28 drilled on the Ixtaca zone and hole CA-11-01 the first hole drilled on the Caleva Zone which is located about 250 meters north from the Ixtaca zone, of its 100% owned Tuligtic property.

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