Daleco Resources Subsidiary Unveils www.cleanageminerals.com

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WEST CHESTER, Pa., Nov. 12, 2013 (GLOBE NEWSWIRE) -- Daleco Resources Corporation (OTCQB:DLOV), a natural resource company with operating subsidiaries active in oil and gas, industrial minerals and environmental remediation technology, today announced that its wholly owned subsidiary, Clean Age Minerals, Inc. launched a newly designed website, www.cleanageminerals.com.

The site offers a refreshed look and all-new content regarding the benefits and commercial applications for its numerous Zeolite products. Clean Age Minerals invites users to explore and learn about the safety of the products as well as gain valuable information of the key markets served by its Zeolite-based applications.

Michael D. Parrish, Chief Executive Officer of Daleco Resources, stated,"We are pleased with the new website and believe that it provides a new sales platform for Clean Age Minerals. We are making a continuous effort to build out our selling efforts to monetize our mineral assets and this site is just one step. The site provides extensive information on our trademarked products and the numerous applications for our Zeolite deposits. We are confident that through the continued education of our client's useful products we will produce additional sales similar to the recent West Coast contract we signed for a minimum commitment to purchase $316,000 of our trademarked Cite-Clean(TM) product."

Daleco Resources Corporation

Daleco Resources Corporation 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: Alan Sheinwald Alliance Advisors, LLC (212) 398-3486 asheinwald@allianceadvisors.net

Source:Daleco Resources Corporation