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News Releases

 November 26, 2010
Company Reports on Annual General Meeting Held

New CFO Appointed

November 26, 2010, Vancouver, BC - (TSX.V: ARO) Les Kjosness, President & CEO, announces that at its Annual General Meeting of Shareholders held on Wednesday, November 24, 2010, all items of business set out in the Management Information Circular were approved by 100% of the voting shareholders, including the resolution for the re_pricing of incentive stock options as set out in the Company's Stock Option Plan. Additionally, the following were appointed as Directors for the ensuing year: Les Kjosness, David W. Rennie, Corey Klassen and Stephen Wetherup.

Blaine Bailey, due to other commitments, declined to participate as a Director and CFO for the next term. He will, however, remain as a consultant. The Company and Directors wish Blaine all the best.

Ms. Chen Cai, having several years' experience working with public companies including Stealth Energy Inc. and Hendrx Corp., has been appointed as CFO for the upcoming annum.

The Company's complete story can be viewed at

On behalf of the Board,

'Les Kjosness'
President & CEO

For further information:
Les Kjosness: 604-408-6500
Kirsti Mattson: 604-202-2484 media

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

You can view the Next News Releases item: Tue Feb 8, 2011, Armadillo Commences Trading on Canadian National Stock Exchange (CNSX)

You can view the Previous News Releases item: Tue Nov 16, 2010, Investor Update

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