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Royal Gold, Inc. press release

Pennine Petroleum Corporation Announces Annual General Meeting Results

NASDAQ - Nasdaq Stock Market · Gold · Copper · Silver · Molybdenum · United States

Aug. 9, 2010 (TheNewswire.ca) --

August 9th, 2010 - CALGARY, ALBERTA - Pennine Petroleum Corporation (TSXV:PNN) (PNN on TSX.V)(the "Company") is pleased to announce that all motions were passed at the recently held Annual General Meeting on August 6th, 2010.

Further information can be viewed at SEDAR at www.sedar.com

About Pennine Petroleum Corporation

Pennine Petroleum Corporation is an emerging oil and gas exploration and development company active in Alberta, Saskatchewan, and British Columbia. The Company's strategy is based on increasing cash flow by focusing on drilling and well re-completions on selective land areas where it currently operates.

For further information, contact:

Pennine Petroleum Corporation

N. Desmond Smith

T: 403 277-4421

F: 403 277-4439

E: des.smith@penninecorp.com

Boardmarker Group

Dean Stuart

T: 403 517 2270

E: dean@boardmarker.net

Neither 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.

Copyright (c) 2010 Thenewswire.ca - All rights reserved.

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