Lucky Picks of The Day: (OTCBB:FSNR) - (OTCBB:ELRA)- (OTCBB:ENZR).(Company overview)

M2 PRESSWIRE-March 24, 2011-ShamrockStocks.com: Lucky Picks of The Day: (OTCBB:FSNR) - (OTCBB:ELRA)- (OTCBB:ENZR)(C)1994-2011 M2 COMMUNICATIONS

RDATE:24032011

Rochester NY -- www.shamrockstocks.com names (OTCBB:FSNR) Freestone Resources, Inc., (OTCBB:ELRA) Elray Resources, Inc., and (OTCBB:ENZR) Energizer Resources Inc. it's "Lucky Picks of the Day!

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About Freestone Resources, Inc.:

Freestone Resources is a Dallas, Texas based oil and gas technology development company. The continuing goal of the Company is to develop new technologies that allow for the utilization of our vast resources in an environmentally responsible and cost effective way.

News Today:

DALLAS, TX, Mar 24, 2011-- Freestone Resources, Inc. (OTCBB: FSNR) announced today that it has finalized a Term Sheet with Hydrex Corp., an oil and gas production company based out of San Antonio, Texas. The Term Sheet will be used as the basis for a License and Manufacturing Agreement to build and operate the initial phase of fifteen Oil Recovery Unit (ORU) machines utilizing Freestone Resources' innovative technology. It is anticipated that this Agreement will be finalized in the next few weeks.

Current projections estimate that the construction of the first commercial-grade Oil Recovery Units will commence in June of this year and each ORU is designed to process ten tons of oil sludge per hour. Depending on the application it is anticipated that each ORU will cost between $2,000,000 - $3,000,000 each.

"We are excited about forming this first partnership to build our initial Oil Recovery Units. We believe that Hydrex Corp. will be a strong partner in the construction and operation of these units," said Clayton Carter, President of Freestone Resources. "Hydrex Corp. and its Chief Executive Officer, Mark Woodward, have developed numerous relationships with some of the largest oil field waste disposal companies in the Southwest. Our goal is to utilize these relationships and process this waste in a joint effort to minimize the amount of oil sludge that goes to hazardous waste sites, and most importantly, to generate profits from what is normally considered a waste product."

As previously announced, a leading Texas University has conducted a detailed analysis of the company's oil sand oil extraction, and oil remediation technology. The tests indicated that over 96% of the hydrocarbons were removed and approximately 99% of the chemicals were recovered for repeated use.

About Hydrex Corp.:

Hydrex Corp. is a San Antonio, Texas based oil and gas production and operation company with properties and operations in Texas, Oklahoma and Louisiana.

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About Elray Resources, Inc

Elray is an established Global Online Gaming entity which owns and licenses Gaming Intellectual Property, Gaming Domains, Trademarks and Player Databases. Operations are headquartered in Curacao, Netherland Antilles and maintain offices, representatives and support facilities in the United States, United Kingdom, Australia, South Africa, Mauritius, Israel and the Philippines. Elray's business model is to offer Internet Gaming Products to non-US players in jurisdictions where online gaming is permitted.

News Today:

NEW YORK, March 24, 2011-- Elray Resources, Inc (OTC Bulletin Board: ELRA) - Elray announced it has provided some revenue and operational guidance for their new online gaming division, Elray Gaming.

On February 21, the Company acquired Splitrock Ventures BVI, an online gaming business which owns and licenses Gaming Intellectual Property, Gaming Domains, Trademarks, and Player Databases.

The following are some of the brands currently being run under the Elray Gaming umbrella: Sierra Star Casino, Majestic Comet, Lottery Domain, Dollar Dazzlers, Jackpot Cafe, and Lucky Lucy Bingo. These brands are currently available in English, French, German, Italian, Japanese and Russian.

Operational and Revenue Guidance

For 2011, the Company is projecting total gaming proceeds of $100 million, of which the company would recognize $6.5 million in gross revenues, and $1.1 million in net income.

For 2012, the Company is projecting total gaming proceeds to increase to $320 million, of which the company would recognize $8.8 million in gross revenues, or $3.4 million in net income.

Theseprojections do not take into account any new acquisitions or gaming products launched by the company during this time period. Investors are advised that these are projections, and in such final results way differ greatly based on operational events and risks.

Management Experience

Elray has a highly experienced management team under the leadership of Brian Goodman the new CEO,having been in the industry since 2004.

Compliance with US Gaming Laws

The Unlawful Internet Gambling Enforcement Act of 2006 ("UIGEA") precludes financial transactions related to online gaming in the United States. Players in the U.S. are therefore legally precluded from participating in online gambling.

Elray's business model is to offer Internet Gaming Products to non-US players in jurisdictions where online gaming is permitted and consequently will be well positionedto establish gamingoperations in this potentially lucrative market.

Shareholder Communications

The Company understands the importance of developing a strong communication line to its shareholders. Thus, the company hasestablished a corporate website www.elraygaming.com to reflect the new operations.

ELRA is fully reporting company under the Securities and Exchange Act of 1930, and investors can review our filings online by going to www.sec.gov

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About Energizer Resources

Energizer Resources Inc. is a mineral exploration and development company based in Toronto, Canada. The Company's common shares are traded on the TSX Venture Exchange under the symbol EGZ, on the Over-The-Counter Bulletin Board under the symbol ENZR, and on the Frankfurt Exchange under the symbol YE5.

For more information, please visit our website at www.energizerresources.com.

News Today

TORONTO, ONTARIO, Mar 24, 2011-- Energizer Resources Inc. (TSX VENTURE: EGZ)(OTCBB: ENZR)(FRANKFURT: YE5) ("Energizer" or the "Company") announces that it has submitted an application to list its common shares on The Toronto Stock Exchange (the "TSX"), Canada's premier stock exchange.

The Company has made an application to graduate to the TSX from its current listing on the TSX Venture Exchange. The Company also trades on the Over-The-Counter Bulletin Board and the Frankfurt Exchange.

Energizer meets TSX Minimum Listing Requirements

The application is being made as the Company now satisfies the TSX's minimum listing requirements, including the working capital, financial resources and property requirements, which were achieved with the recently completed non-brokered private placement of U.S.$13,921,495 and the filing of a National Instrument 43-101 ("NI 43-101") compliant resource estimate of 49.5 million tonnes at an average grade of 0.693% vanadium pentoxide ("V2O5") and an inferred resource of 9.7 million tonnes at an average grade of 0.632% V2O5, respectively.

Julie Lee Harrs, President and Chief Operating Officer of the Company, said, "A listing on the TSX is a tremendous opportunity for the Company to have exposure to a broader investor base. As the pre-eminent global stock exchange for international resource companies, the TSX will provide the Company with access to a wider range of institutional investors."

With continued evidence in the marketplace of commercial applications of vanadium-based battery technologies, such as vanadium redox batteries, a great opportunity exists for vanadium producers who can provide the necessary high purity vanadium. The Company's Green Giant vanadium project is being positioned to meet the new anticipated demand for high purity vanadium, as well as the anticipated 7% annual growth in demand for vanadium from the steel industry.

"With a NI 43-101 compliant resource and the recently completed private placement of almost U.S.$14 million, we feel this is the right time to move to the senior exchange to position the Company so that we can aggressively more forward with the development of the project" said Ms. Lee Harrs.

The decision of the TSX regarding the Company's listing application is expected within 60 days.

Please visit our website at www.energizerresources.com to learn more about the Green Giant vanadium project and to read the latest developments in vanadium news.

About Vanadium

Vanadium is well established as a strategic metal that strengthens and hardens alloys like steel and is positioned to play a significant role in emerging battery technologies such as batteries for electric cars and for large-scale energy storage. While there are some opportunities for substitution in steel production, the same is not true for other markets, including the emerging energy (battery) storage markets, the military and particularly in the aerospace industry, where vanadium is irreplaceable.

About the Green Giant Vanadium Project

The Green Giant vanadium project, located in Madagascar, is 100% owned by Energizer. The Company has a NI 43-101 compliant indicated resource of 49.5 million tonnes at an average grade of 0.693% vanadium pentoxide ("V2O5") containing 756.3 million pounds of V2O5 and an inferred resource of 9.7 million tonnes at an average grade of 0.632% V2O5 containing 134.5 million pounds of V2O5. With this resource estimate, the Green Giant deposit currently ranks as one of the largest known vanadium deposit in the world, with only 75% of the 21-kilometre (18 mile) stratigraphic trend of vanadium remaining open for drilling.

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