Affinor Resources Inc.

Affinor Resources Inc.

October 17, 2006 11:07 ET

Affinor Acquires a Property in the Montbray Township

LAVAL, QUEBEC--(CCNMatthews - Oct. 17, 2006) - AFFINOR RESOURCES INC (TSX VENTURE:AFI) announces that it has aquired 10 claims in the Montbray township.

Located west of Rouyn-Noranda, the Montbray township is host to extensive exploration work by major mining companies for polymetallic deposits especially, copper, silver and nickel.

The Company will own 100% of the property against the payment in 3 installments of $15, 500 to the seller, 9030-0468 Quebec Inc., with a first payment of $5,500 upon signature of the agreement. Subject to the approval of the regulatory bodies, the company will issue to the seller 525,000 treasury shares.

As per the agreement, the Company must perform a due diligence before October 28th 2006.

There are no finders fees payable following this arm's length transaction

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of the information presented in this release.

Contact Information

  • Affinor Resources Inc.
    Gilles Provost
    450-622-8292 (FAX)