Staccato Gold Resources Ltd. (TSX VENTURE:CAT) reported that the company has commenced a formal review of its strategic options in order to enhance shareholder value, and that it has retained Paradigm Capital Inc. as a strategic and financial advisor.

The press release is quoted as saying:

Grant Ewing, Staccato's President and Chief Executive Officer, stated, "Our board and management are evaluating all alternatives for maximizing shareholder value. We believe that Staccato, with quality gold assets in Nevada, a strong balance sheet, and low valuation, represents a very attractive investment opportunity. Any action pursued by Staccato will be in the best interests of all shareholders."

Click here to access the entire press release ^[1]

Click here to access Staccato Gold Resources Corporate Site ^[2]