Majescor Resources Inc.

Majescor Resources Inc.

January 14, 2010 16:27 ET

Majescor Responds to News of the Earthquake in Haiti

MONTREAL, QUEBEC--(Marketwire - Jan. 14, 2010) - Majescor Resources Inc. ("Majescor" or the "Company") (TSX VENTURE:MJX) reports that it has advised its partner SIMACT Alliance Copper Gold Inc. ("SACG") that the Company is standing by to assist SACG and its Haitian affiliate company SOMINE SA with any humanitarian and logistical assistance, as well as with future rebuilding efforts in relation to the earthquake that struck Port-au-Prince and surrounding areas on January 12.

Majescor is greatly concerned about the extensive devastation caused by the earthquake and we are extremely saddened at the news of the loss of a senior SOMINE SA employee, but these events in no way will affect our commitment to our partner SACG and to the SOMINE Copper-Gold property exploration program as well as our resolve to demonstrate that mining can become an instrument of sustainable socio-economic growth and stability in Haiti, one of the least developed countries in the western hemisphere.

SIMACT Alliance Copper Gold Inc. ("SACG") is a Montreal-based private company headed by a group of Canadian financiers and Haitian-American developers. The alliance aims to promote sustainable mineral development initiatives in Haiti by creating synergies between the Canadian financial and mining communities and the North American Haitian Diaspora.

Majescor currently holds 10% of SACG's shares. SACG in turn holds title to 68.7% of all the issued and outstanding shares of SOMINE SA, a company incorporated under the laws of the Republic of Haiti. SOMINE SA's principal asset is its 100%-owned SOMINE copper-gold Property, located in the North-East mineral district of Haiti.

To find out more about Majescor Resources Inc. (TSX VENTURE:MJX), SIMACT Alliance Copper Gold Inc. and the SOMINE copper-gold Property, please visit our website at

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.

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