Georox Names Dr. Krishna Persad VP of Caribbean Region

KELOWNA, BC, Sept. 15 /CNW/ - Georox Resources Inc. ("Georox" or the "Company") (GXR:TSX-V; OF6A:FRA) has appointed Dr. Krishna Persad  Vice-President of the Caribbean  Region.

Dr. Krishna Persad, has a B.Sc. (Special Honours) and a Ph.D. in Geology with over forty years experience in the petroleum industry, during which time he has come to be recognized as an industry pioneer and the world's leading expert on the geology of Trinidad and Tobago. Dr. Persad is a recipient of many awards including being named by the South Chamber of Industry and Commerce in Trinidad as one of the 40 most influential persons in the Trinidad and Tobago Petroleum Industry in the last 100 years. In April 2010 he was appointed a member of the Government Task Force on establishing a policy and regulatory framework for carbon dioxide emissions in Trinidad & Tobago and is the Chair of the sub-committee on New Business Opportunities.

Dr. Persad worked for various oil companies during the period 1970 and 1987, locally and internationally and held many senior management positions. During this time his work resulted in the discoveries of two of the biggest oil finds in Trinidad with over 3 billion barrels oil in place discovered at Trinmar. From 1987 onward Dr. Persad prepared many multi-client studies based on a vast amount of original work done by him and other consultants for international oil companies operating in Trinidad. He still actively consults.

In 1990 he was awarded the first ever farmout from Trintopec and started the country's first modern local independent exploration and production company. In 1994 he started the first local off-shore production public company listed on the Trinidad Stock Exchange of which its cumulative production is about 2 million barrels. In February, 2004 Dr. Persad worked as Country Manager and Team Leader Exploration of Trinidad Exploration and Development Ltd. A company with a 50,000 acre licence in the South West Peninsula for over two years and is currently retained as Geological Advisor.

Dr. Persad has conceptualized, initiated and run numerous geological and petroleum conferences in Trinidad and is the founder of the Trinidad Geological Research Centre through which he publishes maps and reports on Trinidad and Tobago petroleum geology. Over the years Dr. Persad has written many papers and company reports. He currently lectures at the University of the West Indies in Trinidad.

With his experience and proven management abilities, Dr. Persad will bring tremendous value to Georox and the North Marine Block project. His role will be for the management of the operations in the Caribbean and reporting to the President and Board of Georox.

Gulf Central Limited was the successful bidder in the recent comprehensive bid for the North Marine block located in the Gulf of Paria offshore Trinidad and Tobago. Gulf Central Limited is 80 per cent owned by Georox and 20 per cent owned by Carbon Dioxide Caribbean Holdings Ltd (CDCH). CDCH is a member of the Krishna Persad & Associates Group.

Georox has granted 250,000 options to Dr. Persad entitling him to purchase an aggregate 250,000 common shares of the Company, pursuant to the company's stock option plan approved by the shareholders, at a price of $0.22 per share for a period of three years subject to the approval of the TSX Venture Exchange. Stock options granted under the Corporation's stock option plan are not transferable, cannot be traded and vest over a period not less than 24 months.

CAUTIONARY STATEMENT

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

No stock exchange, securities commission or other regulatory authority has approved nor disapproved the information contained herein.

FORWARD-LOOKING STATEMENTS

This news release contains forward-looking statements relating to the future operations of the Company and other statements that are not historical facts. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of the Company, are forward looking statements that involve 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 exploration risks detailed from time to time in the filings made by the Company with securities regulations.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Georox. As a result, we cannot guarantee that any forward-looking statement will materialize and the reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release, and Georox does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by Canadian securities law.

For further information:

Burkhard Franz
Georox Resources Inc.
[phone] or visit the Company's website at www.georoxresources.com