Cedar Mountain Exploration Announces Change to Board of Directors and Stock Option Grants

NOT FOR DISTRIBUTION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES.

Cedar Mountain Exploration Inc. ("Cedar") (TSX VENTURE:CED) ("Cedar Mountain" or
the "Company") is pleased to announce today the appointment of Mr. Anthony
Huston as a Director of the Company. Also, effective April 27, 2011, Mr. John
Robins has stepped down as Director and will remain on the advisory board.


Mr. Huston has a background in management and finance having served as a
Managing Partner with both public and private companies where he recently played
an integral role in raising over $20M. Mr. Huston acted as lead financial
advisor on a range of finance and acquisition transactions in many industry
sectors including technology, bio-tech, and most recently the resource sector.
He holds a Bachelor of Commerce degree from the University of British Columbia.


"Anthony will be an excellent addition to our Board offering his expertise in
finance and corporate development as we continue to build the Company's assets,"
stated Charles Chebry, President and CEO.


The Company would like to thank Mr. Robins for his time and dedication to the
growth of Cedar Mountain Exploration since its inception and is pleased to have
him remain as an advisor to the Company.


"I remain committed to the future success of the Company and look forward to my
continued involvement in my new role as a member of the advisory board," said
John Robins. 


The Board has approved the grant of 1,500,000 incentive stock options,
exercisable at CDN$0.27 per share over a five-year period of which 1,100,000 are
issued to Directors and Officers. These options will vest immediately. 


THE PROPERTY 

The Kelly Creek Property is located on the Seward Peninsula, Alaska, 145 km
north of Nome. Kelly Creek is a drill-permitted early-stage gold exploration
property comprising 105,280 acres (42,605 hectares) that cover an entirely new
gold district. Historic results indicate the presence of disseminated gold
deposits in metasedimentary rocks. These deposits have similarities to
disseminated gold deposits in Nevada and are a new type for the Alaskan region.
For an overview of the current Kelly Creek Project status please see the Cedar
Mountain press release dated January 25th, 2011.


CEDAR MOUNTAIN EXPLORATION INC. (TSX VENTURE:CED) is a mineral exploration
company with a clear and distinct business strategy to identify, acquire, and
explore high potential projects ready for rapid advancement. The flagship Kelly
Creek Property on the Seward Peninsula of Alaska fits with the Cedar Mountain
business strategy and demonstrates substantial potential for major gold
discoveries. Cedar Mountain is a member of the Discovery Group of Companies:
www.discoveryexp.com. 


ON BEHALF OF THE BOARD

Charles Chebry, Chief Executive Officer

For more information on Cedar Mountain Exploration Inc., please visit the
Company's website: www.cedarmountainexp.com.

Cedar Mountain Exploration Inc. (TSXV:CED)
과거 데이터 주식 차트
부터 5월(5) 2024 으로 6월(6) 2024