Nebu Resources Inc.: Corporate Update
October 25 2010 - 2:00PM
Marketwired
Nebu Resources Inc. (TSX VENTURE: NBU) is pleased to announce that
Donald R. Sheldon of Vancouver, BC has agreed to join the Board of
Directors of the Company. Mr. Sheldon has had an extensive career
managing junior resource companies and in raising capital for these
companies in both Canada and Europe.
Mr. Sheldon replaces Duane Parnham and Jacob Willoughby who have
resigned from the Board. Mr. Parnham has resigned to concentrate
his efforts on his other exploration ventures in Africa.
Exploration Activity
Nebu Resources Inc. is currently carrying out exploration work
on its properties in the Timmins gold camp and also at its
Burntbush property in eastern Ontario. In addition, as previously
announced, drilling is to commence shortly on the company's Beehive
property located south of the City of Timmins in the vicinity of
the historic Naybob mine.
Nebu currently has 50,998,976 common shares issued and
outstanding.
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.
Contacts: Nebu Resources Inc. R. Brian Murray President &
CEO (416) 985-7810 Nebu Resources Inc. John V. Hickey CFO (416)
903-6649 Nebu Resources Inc. Clark Kent Current Market
Communications (647) 519-2646 www.neburesources.com
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