News Releases
Sep 05, 2008 Allana Resources Inc. Hires Investor Relations Manager Toronto, Ontario, September 5, 2008 -- Allana Resources Inc. (TSX-V: AAA) ("Allana"), is pleased to announce that it has hired Ms. Salisha Hosein as Manager, Investor Relations effective July 1, 2008. Prior to joining Allana, Ms. Hosein held key investor relations, communications and corporate finance positions with publicly traded Canadian companies, and currently provides investor relations consulting services to other publicly traded companies in the resource sector. She holds a Bachelor of Commerce from the University of Toronto and a Master of Professional Communication from the University of Western Sydney, Australia. Ms. Hosein has also completed the Canadian Securities Course. In connection with her appointment, Ms. Hosein has been granted 50,000 stock options at a price of $0.25. The options shall vest quarterly over a period of two years with the first installment vesting on the date of grant, subject to the four month regulatory hold. The options shall be subject to regulatory approval and shall expire five years from the date of grant. About Allana Resources Inc.: Allana is a publicly traded corporation with a focus on the acquisition and development of potash assets internationally and recently completed the acquisition of Latin American Potash in Argentina. Allana has approximately 35 million shares outstanding and trades on the TSXVenture exchange under the symbol "AAA". Cautionary Notes This press release contains "forward looking information" within the meaning of applicable Canadian securities legislation. Forward looking information includes, without limitation, statements regarding the impact of the appointment on the Company. Generally, forward looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: general business, economic, competitive, geopolitical and social uncertainties; the actual results of current exploration activities; ability to successfully integrate the purchased properties; foreign operations risks; and other risks of the mining industry. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws. For Further Information, Please Contact: Allana Resources Inc. Julian Bharti 416-861-5907 THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. | |


