Tenajon Resources Corp. ("Tenajon") (TSX VENTURE:TJS) is pleased to announce
that at its Annual and Special Meeting of Shareholders held on this morning (the
"Meeting"), Tenajon's shareholders voted overwhelmingly in favour of the
previously announced business combination, by way of Plan of Arrangement (the
"Arrangement") with Creston Moly Corp. ("Creston") (TSX VENTURE:CMS). Additional
information concerning the Arrangement is provided in Tenajon's Notice of
Meeting and Information Circular dated July 16, 2009, which is available on
SEDAR under Tenajon's profile at www.sedar.com.


"Combined under the name "Creston Moly Corp.", Tenajon and Creston create a
stronger moly company, consolidating a large resource base that provides
excellent prospects for internal growth," said Bruce McLeod, President and CEO
of Tenajon. "Management believes that the new company is well positioned to take
advantage of a turnaround in the moly space and to be a leader in further sector
consolidation."


At the Meeting, a special resolution approving the Arrangement (the "Arrangement
Resolution") was passed by an affirmative vote of over the required two-thirds
of the aggregate votes cast by Tenajon's shareholders present in person and by
proxy at the Meeting. Specifically, 99.6% of the votes cast in respect of the
Arrangement Resolution voted in favour of the Arrangement Resolution.


Subject to obtaining the approval of the Supreme Court of British Columbia, and
satisfying certain other closing conditions, the Arrangement is expected to
close on or around August 26, 2009.


On Behalf of the Board of Directors

TENAJON RESOURCES CORP.

D. Bruce McLeod, President & CEO

Forward-Looking Statements

This document may contain "forward-looking statements" within the meaning of
Canadian securities legislation and the United States Private Securities
Litigation Reform Act of 1995. These forward-looking statements are made as of
the date of this document and Tenajon Resources Corp. (hereinafter referred to
as the "Company") does not intend, and do not assume any obligation, to update
these forward-looking statements.


Forward-looking statements relate to future events or future performance and
reflect management of the Company's expectations or beliefs regarding future
events and include, but are not limited to, statements with respect to the
estimation of mineral reserves and resources, the realization of mineral reserve
estimates, the timing and amount of estimated future production, costs of
production, capital expenditures, success of mining operations, environmental
risks, unanticipated reclamation expenses, title disputes or claims and
limitations on insurance coverage. In certain cases, forward-looking statements
can be identified by the use of words such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or variations
of such words and phrases or statements that certain actions, events or results
"may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or
the negative of these terms or comparable terminology. By their very nature
forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements of
the Company to be materially different from any future results, performance or
achievements expressed or implied by the forward-looking statements. Such
factors include, among others, risks related to actual results of current
exploration activities; changes in project parameters as plans continue to be
refined; future prices of resources; possible variations in ore reserves, grade
or recovery rates; accidents, labour disputes and other risks of the mining
industry; delays in obtaining governmental approvals or financing or in the
completion of development or construction activities; as well as those factors
detailed from time to time in the Company's' interim and annual financial
statements and management's discussion and analysis of those statements, all of
which are filed and available for review on SEDAR at www.sedar.com. Although the
Company has attempted to identify important factors that could cause actual
actions, events or results to differ materially from those described in
forward-looking statements, there may be other factors that cause actions,
events or results not to be as anticipated, estimated or intended. There can be
no assurance that forward-looking statements will prove to be accurate, as
actual results and future events could differ materially from those anticipated
in such statements.


Accordingly, readers should not place undue reliance on forward looking statements.

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