Mr. Ibbitson joins Absolut with over 20 years combined experience in corporate finance, and mining in particular. Ibbitson studied economics and accounting (Economics CA program) at the University of Waterloo. He has also worked independently as a corporate finance and management consultant.

Further, Absolut also wishes to announce it has granted 370,000 options to purchase common shares of the company at an exercise price of $ 1.25 per share to directors, officers, employees and consultants of the company.

Absolut Resources Corp. is a precious metals exploration and development company based in Toronto, Canada. The Company's primary asset is the Picho Machay Gold Project, Peru. The project's geological features are comparable to other established mines in the Peru. Absolut strongly believes in an international best practices approach, and implements this on a company wide basis for all its social and environmental decisions.

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