Bison Gold forms strategic alternative review committee

2010-09-14 07:38 MT - News Release

Mr. Lucas Ewart reports

BISON GOLD ANNOUNCES CREATION OF STRATEGIC ALTERNATIVE REVIEW (SAR) COMMITTEE

Bison Gold Resources Inc. has created a strategic alternative review (SAR) committee to help unlock the value and growth potential of Bison Gold's assets. Members of this special committee include Lucas Ewart, Bison Gold chief executive officer and director, Amir Mousavi, Bison Gold vice-president of corporate development, and Borys Chabursky, Bison Gold director. The decision to form this SAR committee was approved by the board of directors at a recent meeting which focused on possible expansion, investment and joint venture opportunities with other gold companies in the business of exploration and/or production.

Mr. Ewart, chief executive officer and director, said: "We believe that this is an opportune time for us to explore alternatives for enhancing shareholder value. However, as we participate in this process, we will continue to focus on the long-term strategic initiatives we have previously identified to ensure continued growth opportunities for the company."

The company has not stated that there are any opportunities it is evaluating at this time and there can be no assurance that this process will lead to the approval or completion of any definitive agreement or other transaction.