News Release
RESULTS OF AGM HELD ON DECEMBER 16, 2011 – December 19, 2011
November 19, 2011
VANCOUVER, BRITISH COLUMBIA, December 19, 2011 – Lucky Strike Resources Ltd. (“Lucky Strike” or the “Company”) (TSX-V: LKY), is pleased to announce all matters placed before the shareholders in the annual and special meeting (AGM) were approved on December 16, 2011, in Vancouver, British Columbia, Canada.
At the AGM, Cathy Fong was elected Chairman, CEO and Director of Lucky Strike Resources Ltd. The number of Directors for the Company was set at six with nominees including Cathy Fong, Patricia Wilson, Dodge Li, Andre Klumb, Michele Ashby and Kevin Ernst who were returned as Directors to the Board for the ensuing year.
Following the AGM, the Board of Directors met and appointed three of its Directors to serve on the Audit Committee and three Directors to its Compensation Committee. The following reconstitutions and/or appointments were made:
| Cathy Fong | Director, Chairperson of the Board, Member of the Compensation Committee; |
| Patricia Wilson | Director, Chief Financial Officer, Corporate Secretary, Chairperson and Member of the Audit Committee, Member of the Compensation Committee; |
| Dodge Li | Director, Member of the Compensation Committee and Member of the Audit Committee; |
| Andre Klumb | Director, Member of the Audit Committee; |
| Michele Ashby | Director; |
| Kevin Ernst | Director. |
Cathy Fong. Ms. Fong is an accomplished senior civil/structural professional engineer with over 20 years of experience in the mining, heavy industrial and commercial construction industries. She has completed detailed engineering assignments for Eskay Creek, Bell Creek, Lone Tree, Sigma, Gilbraltar, Enako, Loki, Campbell, Quinsam and Zaldivar Mines. Her professional experience includes completing projects for SNC-Lavalin, Hatch, BC Hydro, Proctor & Redfern and Quinn Dressel. Ms. Fong has broad project development experience.
Patricia Wilson. Ms Wilson has in-depth experience in operating a public company, having served Lucky Strike in various progressive positions as Chief Financial Officer, Corporate Secretary, Treasurer, and Director of Lucky Strike over the course of the past 20 years. Ms Wilson was the CEO of Lucky Strike between 2002 and 2010.
Dodge Li. Mr. Li graduated from Shandong University with a Masters Degree in Physics, and was appointed as a Teaching Associate in the Physics Department of Shandong University before coming to Canada. From 1983 to 1989, he was enrolled in the graduate study program in the Physics Department of Ottawa University and the University of British Columbia and also worked as a Teaching and Researching Assistant. Mr. Li brings to Lucky Strike more than 15 years of investment experience on China related projects including structuring, planning and implementing Sino Joint Ventures.
Andre Klumb. Mr Klumb is a M.Sc. geologist from Minas Gerais University, Brazil with 15 years of experience. Mr Klumb has been consulting since 1996 and worked 7 years as a field geologist for Geological Survey of Brazil, Economic Geology Dept. In Canada he worked as a senior geologist for the former Chapleau Resources, now Magellan Minerals, and as a Consultant for Mineral Hill Industries, Nass Valley Gateway, Golden Dawn Minerals, Dorato Resources and others. Mr Klumb has field work experience in Canada, Brazil, Mexico and Peru, and speaks English, Portuguese and Spanish. Mr. Klumb presently holds the position of Regional Manager with Armadillo Resources.
Michele Ashby. Ms. Ashby is currently the CEO of Meetings International Natural Resources Enterprise (MiNE LLC). She started her career as a retail stockbroker for 12 years, and served as mining analyst for a regional US brokerage firm for 8 years. She was the assistant dean for the on-line Mining Investment College in 1997. From 1988 to 2005 Michele served as CEO and founder of the Denver Gold Group in the USA, an international trade association for the gold mining industry. In 2005, Ms. Ashby left the Denver Gold Group and started her own company, MiNE LLC, which organizes private investor meetings for the finance, natural resources, mining, and energy sectors. Ms. Ashby is also a member of the board of directors of US Gold Corp., a New York Stock Exchange listed (UXG) mining company with projects in North America and Mexico. Ms. Ashby is also the author of “The Modern Energy Matchmaker”, which was released in the fall of 2010 and “How to Invest in Mining Stocks” published in 1987.
Kevin Ernst. Mr. Ernst is the former Managing Director of Global Sale for the American Stock Exchange. He has over 22 years of high net worth services and investment management consulting experience with the financial industry’s leading organizations including Merrill Lynch, UBS, NYSE Amex and NYSE Euronext China. Mr. Ernst earned both his Bachelor’s Degree and MBA in Finance from Rutgers University. He also earned a Certified Investment Management Analyst (CIMA) designation through the Wharton School of the University of Pennsylvania and holds both his Series 7 and 66 registrations with FINRA. Mr. Ernst currently serves as managing partner at Ernst Capital Partners, Inc., a boutique financial advisory firm with broad experience in mining and oil and gas companies in the U.S, and Canada and the People’s Republic of China.
Most recently, Mr. Ernst served as Managing Partner at Grandview Capital Inc, where he specialized in executing capital market transactions for both private and public companies, including reverse mergers, PIPE financings, private placements and structuring transactions. Prior to joining Grandview Capital, Mr. Ernst spent 8 years serving as Managing Director for the NYSE Euronext/NYSE Amex where he directed and advised the U.S. senior exchange listings for hundreds of companies based in Canada, China, Australia and the U.S. Prior to joining NYSE AMEX in 2000, Mr. Ernst was a Director for UBS’s Investment Consulting Services Group where he managed a 17-person institutional sales team. Prior to UBS, Mr. Ernst worked in Merrill Lynch’s Private Client Division for 12 years.
Charn Deol resigned as Vice President of Corporate Development on March 3, 2011, to concentrate on other projects.
About Lucky Strike Resources Ltd
Lucky Strike Resources is a growth-focused exploration company creating value through the exploration and development of coal, minerals and energy in Mongolia. Mongolia, centered between the growing consumption markets of China and Russia, holds vast, untapped and rich coal resources. Lucky Strike plans to first explore and develop the CN Project in Central Mongolia and the NKAK Coal Properties in South-western Mongolia. The Management team has extensive experience in the global exploration and mining industry as well as in Asia.
ON BEHALF OF LUCKY STRIKE RESOURCES LTD.
“Cathy Fong”
Cathy Fong, P.Eng,
Chairman & CEO
Further Information
For further information relating to the Company or this release, please visit the Lucky Strike Resources website at www.luckystrikeresources.com or contact Investor Relations at 604-360-8199 or info@luckystrikeresources.com.
The Company’s shares are listed on the Toronto Stock Exchange under the symbol “LKY” and on the US OTC market as “LKYSF.”
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.




