Thursday, January 20, 2011

Coal Stocks; Lucky Strike (TSX.V-LKY) Appoints New Director Kevin Ernst

VANCOUVER, BRITISH COLUMBIA, CANADA - January 20, 2011 (InvestorIdeas.com Newswire) - Lucky Strike Resources Ltd. (TSX.V-LKY), is pleased to announce that Mr. Kevin Ernst has joined its Board of Directors.
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 in 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.
For Lucky Strike, Mr. Ernst will focus on sourcing additional opportunities for the company.
About Lucky Strike:
Lucky Strike Resources Ltd. is a Canada-based exploration stage company. The Company is engaged in the process of exploring and/or developing coal properties in Guizhou province in China. The Company also has property in Yreka, British Columbia, Canada. The Changyun coal project is a former past producing mine and is located some 25 km northeast of Bijie City in Guizhou province, approximately two hours north by air from Hong Kong. The permitted mine covers a total area of 2.0954 sq. km and is surrounded by approximately 20 sq. km of highly prospective exploration area, where available geological data supports the potential presence of significant coal resources of high quality Anthracite coal within the area. The local area has well established infrastructure for the Changyun project to resume production and coal buyers to pick up coal FOB at the mine site.
The Changyun coal project is a former past producing mine and is located some 25 km northeast of Bijie City in Guizhou province, approximately two hours north by air from Hong Kong. The permitted mine covers a total area of 2.0954 sq. km and is surrounded by approximately 20 sq. km of highly prospective exploration area, where available geological data supports the potential presence of significant coal resources of high quality Anthracite coal within the area. The local area has well established infrastructure for the Changyun project to resume production and coal buyers to pick up coal FOB at the mine site.
On behalf of Management
Lucky Strike Resources Ltd.
"Cathy Fong"
Cathy Fong, Chairman & CEO, Director
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. This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the Toronto Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange C! ommission.
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