Thursday, September 2, 2010

Steele Recording Corporation (SELR.OB) Announces Name Change to Steele Resources Corporation

Steele Recording Corporation announced yesterday that they changed their name to Steele Resources Corporation. They did this to represent better their primary business model of precious metals exploration. The Company reorganized in June of this year. Since then, they have been focusing on identifying advanced stage exploration properties that meet their criteria for possible development.

They have, to date, completed in depth reviews of over 25 properties in the Western United States. They believe they are narrowing the field of prime candidates. The Company’s subsidiary currently holds 30 mineral claims covering approximately 600 acres in Nevada. The Company’s OTC Bulletin Board trading symbol “SELR” will remain the same.

The Company announced, in conjunction with their name change, that they plan to start a Securities Awareness Campaign. A Securities Awareness Campaign is a series of informational releases and/or sponsored messages. These share a single idea and theme to create awareness of a company’s current business and future objectives and potential. In addition to the Company’s current newsletter and website, this Campaign may include placing Company information on other mineral exploration related websites, sponsoring research reports, interacting on message boards and distributing press kits and information.

Chief Executive Officer, Mr. Scott Dockter, commented saying, “This is a very positive step as our new corporate name, Steele Resources Corporation, better reflects our primary business model of identifying advanced stage exploration properties and working towards becoming an active gold producer in the state of Nevada. We are continuously identifying new potential projects in an effort to accomplish that goal, and it is important that shareholders and potential investors have an awareness and understanding of these efforts.”

Steele Resources Corporation primary goal is to create shareholder value by exploring and developing advanced stage gold and silver exploration projects through full-scale production. Their current property portfolio includes extensive opportunity throughout the Western United States.

For more information visit: www.steeleresources.com

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