Golden Band Resources Inc. is initiating an evaluation of broad range of strategic options. It has also appointed Clarus Securities Inc. to advise the company in evaluating a broad range of strategic options, including an assessment of the current operations, financial position, and outlook as well as identifying and assessing potential transactions that will benefit the shareholders. Ron Netolitzky, Chairman and Director noted, "Our decision to initiate a strategic review of our business options is timely given the number of possible development scenarios available to the Company."