Levano joins board of directors, private placement closes
21 February 2007
PRIVATE PLACEMENT, LEVANO JOINS BOARD
Kettle River Resources Ltd.(TSX-V: KRR) (the “Company”) announces that Stephen (Steve) Levano has replaced Brian McClay on the board of directors and the audit committee. Steve has been involved as a shareholder of the Company for over 10 years and has an extensive business and education background. He possesses a BA in Economics and a MBA in International Finance and has over 30 years of investment experience with natural resource companies. Steve has operated a petroleum analysis and vessel inspection business. The company performs U.S. Customs approved custody transfers in the New York Harbor region. Larry Widmer and Ellen Clements are the directors currently representing Kettle River on the board of DHK Diamonds Inc.
The Company announces it has closed the $412,500 non-brokered private placement announced January 25, 2007 having received TSX Venture Exchange acceptance on February 21, 2007, Submission No. 122223. This issuance of 2,750,000 shares will result in fully diluted share capital of 18,953,611 and includes all unexercised warrants and options granted.
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