LANGLEY, CANADA, May 19, 2010 � Shoreham Resources Ltd. (the �Company� or �Shoreham�) (TSX-V: �SMH�), a Canadian exploration company dedicated to the exploration of advanced precious metal and polymetallic deposits in Guyana and Canada, is pleased to announce that it has entered into an arrangement on May 7, 2010 with RPT Uranium Corp. (�RPT�), now RPT Resources Ltd.,  whereby a $20,000 option payment (the �Option Payment�) due to RPT will be paid in common shares of Shoreham.  The Option Payment is due to RPT in connection with the Company�s option to acquire a 70% working interest in the Bear Head Lake uranium property, as disclosed in the Company�s News Release dated March 27, 2007.

Based on the closing price of the Company�s common shares on Friday, May 7, 2010, 87,000 common shares will be issued to RPT at a price of $0.23 per share as payment of the Option Payment. This share issuance is subject to the approval of the TSX Venture Exchange.

For further information please visit our website at www.shoreham.ca or contact our President and CEO Mr. David A. Bending at 604-533-9288.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.