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Capella Resources Ltd.: Capella Announces Resignation of Director


//stocks-investing.news-articles.net/content/200 .. d-capella-announces-resignation-of-director.html
Published in Stocks and Investing on Monday, May 11th 2009 at 11:48 GMT, Last Modified on 2009-05-11 11:48:58 by Market Wire   Print publication without navigation


VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 11, 2009) - CAPELLA RESOURCES LTD. (TSX VENTURE:KPS)(PINK SHEETS:CPSJF) ("Capella" or the "Company") announces that Dr. Amer Smailbegovic, a director of the Company, resigned effective May 8, 2009, in order to pursue other opportunities. Dr. Smailbegovic will continue to act as a consultant for the Company. The Board of Directors wishes to express its appreciation to Dr. Smailbegovic for his efforts and contributions to the Company and wish him well in his future business endeavours.

About Capella Resources Ltd.

Capella Resources Ltd. is a publicly traded, junior exploration and mineral development company with a strong portfolio of precious and base metal projects in Chile, USA and Atlantic Canada. The Company has a 100% interest in the Lajitas and Nevada gold-copper properties located in the Maricunga Gold and Copper District and approximately 700 kilometres northwest of Santiago, Chile. The properties comprise ten exploration claims and six exploitation claims totalling a cumulative 3,500 hectares in area. The Company holds a 100% interest in the Tinton Gold Project located 15 kilometres west-northwest of the famous and historic Homestake Mine in the Black Hills at Lead, South Dakota. The Tinton property consists of 1,270 hectares contained in 157 unpatented mining claims.

The Company also holds over 24,750 mineral exploration claims covering an aggregate land area of over 1.04 million acres (422,800 hectares) in Atlantic Canada (Nova Scotia, New Brunswick and Newfoundland and Labrador).

CAPELLA RESOURCES LTD.

Richard Bachman, Chief Executive Officer, President & Chief Geological Officer

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



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