Stroud Resources Ltd. announced the appointment of Mr. Thomas A. Smeenk, BA, as President and Chief Executive Officer of the Company, effective immediately. Mr. Smeenk is a project finance, mineral exploration and business development executive with a proven track record of bringing new discoveries to market. On April 30th, as CEO of Broadway Gold Mining Ltd, Smeenk closed a $30 million-for-70%-interest earn-in agreement, with option to joint venture, with Kennecott Exploration Company, part of the Rio Tinto Group.

Investing in the mining industry since 1996, Smeenk served as President of Tyranex Gold Inc. and as President and CEO of IBI Corporation, where he financed the discovery of a world-class vermiculite mine in Uganda, which was subsequently sold to Rio Tinto. Additionally, Mr. Smeenk's background includes extensive experience in financing and business development as Vice President and President of e-Manufacturing Networks Inc. He founded, financed, and spent five years as President and Director of TheraVitae Inc., a heart disease focused patented autologous stem cell therapy company; and, he took Astrix Networks Inc. public as its Vice President, Business Development. Building its management team to unlock the value of the Santo Domingo property, the Board of Directors also appoints Dr. Scott Jobin-Bevans, PhD, PGeo, PMP, to the position of Vice-President Exploration.

Dr. Derek McBride, PhD, PEng, remains an integral part of the technical team as an independent consulting Project Geologist.