Cambridge Resources Nominates New President and CEO

Cambridge Resources Inc. announced today that it has nominated Stan Ford P.Eng., MBA as its new President and CEO.

Mr. Ford is president of the company and started Basic Minerals after a long 30-year career that began in consulting for engineering projects around the world. In 1984 he started in management roles in junior resource companies beginning as vice-president of engineering and later president of companies, which carried out oil and gas exploration and development in Oklahoma and Texas.

Mr. Ford has many years experience in the junior and small cap markets and has acted as an Officer and Director of a number of private as well as publicly traded companies, including the following: President and Chairman of Pallaum Minerals Ltd., Director, Wildcat Minerals Ltd., Director, International Oil and Gas, Director, Olympic Stone Ltd., Director, and International Royalties.

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