Advanced Explorations Inc.

Advanced Explorations Inc.

November 11, 2006 12:56 ET

Advanced Explorations Inc.: Director Resignation

TORONTO, ONTARIO--(CCNMatthews - Nov. 10, 2006) - Advanced Explorations Inc. (NEX:AXI.H) wishes to announce that Mr. Paul Matysek has resigned from the Company's Board of Directors, effective November 9, 2006, to focus on his other business interests. Advanced Explorations thanks Mr. Matysek for his valued contributions and efforts during his time on the Board, and wishes him the best of luck in his future business ventures.

About AEI

Advanced Explorations Inc. is a high-tech service company providing leading-edge technologies to the global petroleum and mineral exploration industries. Using AEI, exploration companies can reduce the time involved evaluating high-potential, and high-risk, targets in heretofore-unrealized sites around the world. Shares of the Company are listed for trading on the NEX board of the Toronto Stock Exchange under the symbol "AXI-H". There are 8,880,677 shares issued and outstanding.

This news release includes forward-looking statements that involve a number of risks and uncertainties. The information reflects numerous assumptions as to industry performance, general business and economic conditions, regulatory and legal requirements, taxes and other matters, many of which are beyond the control of the company. Similarly, this information assumes certain future business decisions that are subject to change. There can be no assurance that the results predicted here will be realized. Actual results may vary from those represented, and those variations may be material.

The TSX Venture Exchange has in no way passed upon the merits of the proposed transaction and has neither approved nor disapproved the contents of this press release.

Contact Information

  • Advanced Explorations Inc.
    Gary Williams
    (416) 570-0629