Majescor Seeks Opportunities to Diversify Into New Industries
03 4월 2014 - 9:30PM
Marketwired
Majescor Seeks Opportunities to Diversify Into New Industries
OTTAWA, ONTARIO--(Marketwired - Apr 3, 2014) - Majescor
Resources Inc. ("Majescor" or the "Corporation") (TSX-VENTURE:MJX)
announces the Company intends to evaluate new business ventures,
including but not limited to, opportunities in agriculture,
medical, technology, finance, resources, and oil and gas.
Currently, the Board of Directors is reviewing a number of project
proposals.
Marc-André Bernier, President and interim CEO, states: "With
signs of renewed investor interest and financing efforts underway*,
it is time for the Company to become more pro-active and find new
projects that offer strong growth opportunities or pursue new
partnerships to develop our current gold and copper assets in
Haiti." (*refer to Majescor press release dated April 1, 2014
available at www.majescor.com or at www.sedar.com).
At this time, no transactions are in place, nor is there any
assurance that a new project or partnership will be concluded in
the future.
About Majescor
Resources Inc.
Majescor Resources Inc. is a junior explorer focusing on
emerging mineral districts. Majescor, through its 100%-held
subsidiary SIMACT Alliance Copper-Gold Inc., holds a majority
interest in SOMINE SA, a registered Haitian Company. SOMINE SA in
turn holds 100% mineral rights to the Douvray porphyry copper-gold
project and the Faille B vein gold project located in the Northeast
mineral district of the Republic of Haiti, near the port-city of
Cap-Haitian. The Douvray and Faille B projects are each covered by
a five-year renewable Mining Exploitation Permit awarded to SOMINE
SA on December 21, 2012 and are collectively covered by a Mining
Convention executed with the State of Haiti on May 5, 2005 and
valid until March 9, 2020. On January 15, 2013, Majescor published
the first NI 43-101 compliant mineral resource estimate for the
Douvray porphyry copper-gold project (Inferred Mineral Resource of
189.5 Mt grading 0.30% Cu, 0.05 g/t Au, 1.12 g/t Ag and 23.05 g/t
Mo at a base cut-off of 0.1% Cu *).
* Mineral resources are not mineral reserves and do not have
demonstrated economic viability.
On Behalf of Majescor Resources Inc.,
"Marc-André Bernier"
President & Interim CEO
To find out more about Majescor Resources Inc.
(TSX-VENTURE:MJX), SIMACT Alliance Copper Gold Inc., the SOMINE
copper-gold project as well as the Company's Mistassini uranium and
Besakoa copper/gold properties, please visit our website at
www.majescor.com.
Neither 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.
Marc-Andre BernierPresident & Interim CEOMajescor Resources
Inc.Marc-andre@majescor.com613-424-5682Tel:
418-770-1595www.majescor.com
Majescor Resources Inc. (TSXV:MJX)
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