Daulton Capital Appoints Mr. Tom Verdon to Board of Directors

NEW YORK, Oct. 17, 2012 /PRNewswire/ -- Daulton Capital Corp. (OTCBB: DUCP), a gold and precious metals exploration company, announced the appointment of Mr. Tom Verdon to the company Board of Directors.

Mr Verdon Strong Institutional Background

From 2004 to 2010, Mr. Verdon was head of Bespoke Investment Solutions for Dexia Private Bank, where he established and managed family office relationships with Middle East families, high net worth individuals and Royal families.

In 2010, Mr. Verdon was the Director of Deutsche Private Wealth Management, Africa, where he held relationship management of UHNW individuals in Africa, with key responsibility for Kenya, Uganda, Tanzania, Nigeria and Ghana. He provided advisory oversight with regards to Uganda Safari Company for sale of their lodges to TPS Serena of Kenya, advisory mandates with Athi River mining for sale of their fertilizer division, and with Kingdom of Lesotho for provision of a $150M Sovereign Bond portfolio in conjunction with RAMP program of World Bank.

Mr. Verdon aged 48 and based in Perth, Australia holds degrees such as LLB Honours Law from University of Wales, IMC (Investment Management Certificate) Benchmark UK Fund Managers Qualification, and advanced diploma in Financial Planning Australia.

Brian Smith, the CEO of Daulton Capital Corp. commented, "We are pleased to announce the appointment of Mr. Thomas Verdon to the Board of Directors of Daulton Capital. Mr. Verdon's strong financial background, and experience in institutional and high profiled client relationships will be instrumental in assisting the company on its ARX Springs, and additional gold production projects around the globe, and provide us an experienced member in international and institutional relations for the capital markets."

ARX Spring Gold Project

The ARX Springs Gold property is located at Coonambula near Eidsvold in Queensland, Australia, and has significant gold resources and is estimated to generate a potential cash flow of $22 billion over the planned 20 plus year life of the mine based on current gold prices. Queensland, Australia is well known to be a prolific gold producing State, hosting several major gold producing companies including BHP, Glencore Xstrata, Rio Tinto, Barrick Gold and Anglo American have all been active in Queensland and the area where the ARX Springs gold project is located has an extensive history of gold finds going back to early 1888 in the nearby St Johns Creek gold fields.

About Daulton Capital Corp

DAULTON CAPITAL CORP. (OTCBB: DUCP) is a natural resource company focused on precious metals. The New Management's corporate philosophy is to be a Share Holder Value creator, with the objective of exploring, acquiring and operating Gold projects in Australia and other countries to generate real value beginning with ARX Springs Gold Project in Queensland, Australia.

Daulton Capital has formed an experienced management team with the ability to take advantage of the tremendous opportunities that are available in the natural resource sector today. Our focus will be to explore, acquire and develop gold resource projects, and continue to invest in expansion of exploration activities and seek opportunistic special situations that can add to our portfolio of assets within the resource sector. www.daultoncapital.com

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These forward-looking statements are based on the current plans and expectations of management and are subject to a number of uncertainties and risks that could significantly affect the company's current plans and expectations, as well as future results of operations and financial condition. A more extensive listing of risks and factors that may affect the company's business prospects and cause actual results to differ materially from those described in the forward-looking statements can be found in the reports and other documents filed by the company with the Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For more information, please contact

Melissa Diaz
Daulton Capital Corp
Investor Relations
Phone: (917) 937-8968
Email: [email protected]

SOURCE Daulton Capital Corp.