Swift Resources Inc. announced that it has entered into a binding agreement to acquire 2 mineral claim tenures totaling 402 hectares located in the Nanaimo Mining Division on Vancouver Island, British Columbia. The Alberni property is being acquired from Crossfire Ventures Ltd., and is therefore a related party transaction. The purchase price is CAD 42,263 being the direct costs spent on the Alberni Property by Crossfire. The Alberni Property has had some limited historical drilling completed in 1965 and 1980 (14 holes total), with copper grades ranging from 0.91% over 61 feet to 3.72% over 15 feet. Only limited drill core was assayed and the drill core was not assayed for gold or silver. The anomaly measures approximately 200-250 meters in width by 650 meters in length. The company intends to re-evaluate the historical drill core, as well as completing detailed geological mapping and additional rock and soil sampling, to be followed up by a drill program in 2013.

The company announced the appointment of Mr. Brett Whitelaw to the board of directors of the company. Mr. Whitelaw is currently a director of Conquest Resources Limited and has been a founding director and officer of two other TSX Venture listed companies. He has a background in sales and marketing and has been active in the public markets for the past 15 years.