Telferscot Resources Appoints CHF Investor Relations

TORONTO, Ontario, April 10, 2012 – Telferscot Resources Inc. (CNSX: TFS) (“Telferscot” or the “Company”) is pleased to announce the appointment of CHF Investor Relations (“CHF”) to provide investor relations services including its market liquidity program to the Company. 

Effective April 9, 2012, the Company has entered into an agreement with CHF for the provision of investor relations and market-making services.  The agreement with CHF is for a period of twelve months and may be renewed quarterly thereafter.  CHF will receive a monthly fee of $4,600 and, subject to Board and regulatory approval, the Company will grant CHF 370,000 stock options with 185,000 options to purchase shares at a price of $0.25 per Common Share and 185,000 options at $0.35 per Common Share.  The options will have a term of five years following the date of grant and will vest quarterly over a period of one year.

CHF’s capital market experience dates back to the late 1970’s. CHF serves an international portfolio of CNSX, TSX Toronto Stock Exchange and TSX Venture-listed companies that operate in a broad range of industries including resource exploration and development, mineral production, oil & gas, high-tech, biotech, industrial and business services and products, and special situations.