CARSON CITY, NV -- 12/01/08 --
Drayton Harbor Resources, Inc. (OTCBB: DHBR) ("Drayton" or the "Company") wishes to advise that the Letter of
Intent ("LOI") with You.i Labs ("You.i") announced previously on November
18, 2008 has expired.
Both parties were unable to reach a definitive agreement and under the
terms of the LOI Drayton Management will exercise its option to seek other
opportunities.
Further specifics will be found as part of the Company's continuous public
disclosure as a reporting issuer under the Securities Exchange Act of 1934
filed with the Securities and Exchange Commission's ("SEC") EDGAR
database.
Notice Regarding Forward-Looking Statements
Except for statements of historical fact, this news release contains
certain "forward-looking statements" as defined by the Private Securities
Litigation Reform Act of 1995, including, without limitation, expectations,
beliefs, plans and objectives regarding development and exploration
activities. Such forward-looking statements involve known and unknown
risks, uncertainties and other factors, which may cause the actual results,
performance or achievements of Drayton to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. Such factors include general economic and
business conditions, the ability to acquire and develop specific projects,
the ability to fund operations and changes in consumer and business
consumption habits and other factors over which Drayton Harbor Resources,
Inc. or any affiliates, has little or no control. Risks, uncertainties and
other factors are discussed in documents filed from time to time by Drayton
with the Securities and Exchange Commission. There is no assurance that
Drayton's expectations will be realized, and actual results may differ
materially from those expressed in the forward-looking statements.
Per Drayton Harbor Resources, Inc.
For more information contact:
Boundary Point Investor Relations, Inc.
Toll Free: 888-729-3427 (DHBR)
