Daleco Resources Corporation Introduces Two New Trademarked Products

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WEST CHESTER, Pa., Oct. 10, 2013 (GLOBE NEWSWIRE) -- Michael D. Parrish, Chief executive Officer of Daleco Resources Corporation (OTCQB:DLOV), a natural resource company with operating subsidiaries active in oil and gas, industrial minerals, and environmental remediation technology, announced today that it's subsidiary, Clean Age Minerals, Inc., has received trademarks for two environmentally friendly products based on its CA-Series Technology, Cite-Clean™ and ZoilTech™.

Mr. Parrish, stated that "Daleco is extremely pleased to introduce two new trademarked zeolite based products for use in the commercial marketplace. The introductions reflect the initial results of our renewed marketing efforts which are a key component of our overall commercialization strategy of our minerals."

Cite-Clean™ is an all natural mineral based non-hazardous absorbent using Clean Age Minerals' CA-Series Technology of engineered zeolite based products. The Cite-Clean™ product has been tested and proven effective in various industrial, commercial and DYI residential settings for the absorption and retention of fluids.

ZoilTech™ is a natural mineral based environmentally friendly soil treatment also using Clean Age Minerals' CA-Series Technology of engineered zeolite based products. The ZoilTech™ product has been tested and shown to be effective in enhancing moisture retention, balancing nutrient levels and controlling odors in commercial and residential applications.

Robert E. Martin, President of Clean Age Minerals, stated that the introduction of the Cite-Clean™ and ZoilTech™ zeolite based products represent the Company's entrance into the next phase of its efforts to commercially market environmentally friendly mineral based products. He added that the renewed nationwide interest in addressing environmental issues associated with the production and potential release of chemicals and excessive nutrients from agricultural, industrial and residential activities should create a strong interest in these and other products based on the Company's zeolite based CA-Series Technology.

Daleco Resources Corporation

Daleco Resources is a natural resource company with operating subsidiaries and natural resource holdings active in oil and gas, industrial minerals, and environmental remediation technology. For further information on Daleco Resources and Clean Age Minerals, please visit www.dalecoresources.com.

Forward-Looking Statements

Except for historical information contained herein, the statements in this Press Release are forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in the future periods to differ materially from forecasted results. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, and risk inherent in the Company's operations, imprecision in estimating product reserves and the Company's ability to replace and expand its holdings.

CONTACT: Investors: Alan Sheinwald Alliance Advisors, LLC (212) 398-3486 asheinwald@allianceadvisors.net

Source:Daleco Resources Corporation