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Shoreham Resources Ltd. Announces Name Change to Guyana Frontier Mining Corp.

27.01.2011  |  CNW
LANGLEY, BC, Jan. 27 /CNW/ - Shoreham Resources Ltd. ("Shoreham", or the "Company") (TSX-V: SMH) is pleased to announce that effective following the close of trading on January 28, 2011 it will change its name to Guyana Frontier Mining Corp. ("Guyana Frontier"). The shareholders of Shoreham approved the name change at the Company's Annual and Special Meeting, held in Vancouver, B.C. on November 30, 2010, and the Company has received approval from the TSX Venture Exchange ("TSX-V"). The common shares of Guyana Frontier will commence trading on the TSX-V under the new name and ticker symbol "GYG" at the opening of business on Monday, January 31, 2011.

Holders of Shoreham's share and warrant certificates do not need to take any action as a result of the name change.

Shoreham also announces that effective January 31, 2011 it will move its head office location from Langley, B.C., Canada, to Vancouver, B.C., Canada. The new address details are as follows:

Guyana Frontier Mining Corp.
Suite 1500 - 701 West Georgia Street
Vancouver, B.C., Canada V7Y 1C6
PH : (604) 533-9288
Fax : (604) 533-9296

Our new website will be open on January 31, 2011, at www.guyanafrontier.com

For further information contact Mr. Warren Stanyer, Chairman and Chief Operating Officer, or Mr. David A. Bending, President and Chief Executive Officer, at (604) 533-9288.


About Guyana Frontier

Guyana Frontier is a public mineral exploration company (effective January 28, 2011) listed on the TSX Venture Exchange (TSX-V: GYG), and is focused on the exploration, discovery and development of precious metals deposits located within the South American country of Guyana. Guyana Frontier (formerly Shoreham) began acquiring interests in Guyanese gold exploration properties in 2007, and now holds various rights to obtain working interests in approximately 322,150 acres (130,370 hectares) of prospective lands. Guyana Frontier's main asset is the Marudi Mountain Project, which was the subject of extensive exploration by previous explorers, but has not been the subject of a diamond drilling program since 2004. Guyana Frontier's goal is to develop a significant gold resource at the Marudi Mountain Project, and to explore its other projects using joint venture funding.



Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


Forward-Looking Statements

This news release contains forward-looking statements that are based on the Company's current expectations and estimates. Forward-looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur, and include, without limitation, statements regarding the completion of the Company's planned name change, the change to the Company's office address and updates to the Company's website. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and accordingly undue reliance should not be put on such statements due to the inherent uncertainty therein.




For further information:

Mr. Warren Stanyer, Chairman and Chief Operating Officer, or Mr. David A. Bending, President and Chief Executive Officer, at (604) 533-9288.
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