VANCOUVER, British Columbia, July 31, 2006 (PRIMEZONE) -- Alma Resources Ltd. (Other OTC:ALVUF) (TSX-V:COW-H) (TSX-VN:ALV.H) ("Alma" or "the Company") is pleased to announce that Mr. Marc Levy of Vancouver, B.C. has been appointed as a Director of the Company, effective immediately. He will fill an existing vacancy on the Board.
Mr. Levy is CEO and Chairman of Norsemont Mining Inc., which he grew from a market capitalization of $1 million to $100 million in less than two years. He has also raised over $30 million in the resource sector in that time. His dynamic personality, excellent communication skills and vision have contributed to his strong track record of success. Mr. Levy brings to Alma over 16 years of management and leadership experience in both private and public companies. Prior to his tenure with Norsemont, he held senior management positions with a number of other private and public companies. He was Director of Sales for IP Applications Corp., where he was responsible for increasing sales by over 500% and secured many of their largest contracts. He was also Director of Sales at Look Communications (previously ID Internet Direct), where he helped grow the company from a market capitalization of $20 million to $1.5 billion.
"Mr. Levy has proven himself to be a dynamic force in the resource sector and brings both business development and financing expertise to Alma's Board. We are delighted that he has agreed to join us," said Lawrence W. Talbot, Chief Executive Officer of Alma.
About Alma Resources Ltd.
Alma has signed an agreement to acquire Promotora Minera Dialex S.A. de C.V., a private Mexican company that holds, or has rights to acquire, a portfolio of 13 highly prospective silver, gold, base metal (Cu, Zn) and iron mineral properties in Sinaloa state, Mexico. The Company is currently in the process of completing a major financing that will allow the Company to close the acquisition of Dialex and begin work programs on a number of its mineral properties. Completion of the acquisition and concurrent financing is subject to final acceptance for filing by the TSX Venture Exchange.
Alma is committed to acquiring and developing proven, undeveloped mineral projects in Latin America and the acquisition of Dialex represents its first acquisition in this region.
ON BEHALF OF THE BOARD OF DIRECTORS
(signed) "Lawrence Talbot"
Lawrence W. Talbot, Chief Executive Officer and Director
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this Press Release, which has been prepared by management.