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Everton Amends Stock Option Plan and Retains Investor Relations Advisors
Friday, November 20, 2009 5:51 PM


(Source: MARKETWIRE)trackingEverton Resources Inc. (TSX VENTURE: EVR)(FRANKFURT: ERV) ("Everton" or the "Company") announces that the Board of Directors has approved an amendment to the Company's Stock Option Plan. Pursuant to the policies of the TSX Venture Exchange, the maximum number of shares reserved for issuance under the Stock Option Plan will be increased to 7,712,893 common shares, being 10% of the Company's issued and outstanding shares. Concurrently with the increase, the Company has granted options to purchase up to 1,230,000 common shares of the Company to Directors, Officers, Consultants, and Employees. Each option entitles the holder to purchase one common share of the Company at a price of $0.22 per share for a period of five years. The increase and grant of options are subject to the approval of the TSX Venture Exchange (the "Exchange") and none of the options granted may be exercised until such approval is obtained.

Investor Relations Advisors

In other news, the Company is pleased to announce that it has retained First Canadian Capital Corp. ("First Canadian") as a consultant to provide strategic marketing and corporate communications advice. Under the terms of the agreement, Everton will pay First Canadian C$5,000 per month for a twelve month initial term and grant 300,000 stock options at an exercise price of C$0.22. First Canadian will assist Everton Resources in opening productive and continuing dialogue with private investors, analysts, brokers, money managers and other financial professionals.

First Canadian will generate awareness among the investment community as Everton advances exploration on their properties in the Dominican Republic, in Ontario and in Quebec. "The Company provides investors with an exceptional portfolio of active projects in three separate and distinct emerging gold and base metals districts", says Jason Monaco, Partner at First Canadian Capital Corp.

Andre Audet, Chief Executive Officer of Everton stated, "We are pleased to have First Canadian as our partner in an Investor Relations capacity. First Canadian has a proven track record and recent success and a wealth of experience and contacts from within our sector. We look forward to their involvement at this important stage of our corporate growth and development."

Based in Toronto and in business for over a decade, First Canadian Capital Corp. (www.firstcanadiancapital.com) has assisted numerous North American corporations in gaining exposure and recognition within the global investment community.

For European markets, Everton has retained General Research GmbH, an Investor Relations consulting firm in Munich, Germany.



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