SOURCE: CN Resources, Inc.

CN Resources, Inc.

February 27, 2012 08:38 ET

CN Resources Inc. Welcomes New Directors

TORONTO--(Marketwire - Feb 27, 2012) - CN Resources Inc. (OTCQB: CNRR) (PINKSHEETS: CNRR), ('CN Resources' or the 'Company'), a Nevada Corporation, is pleased to announce that Mr. Barry Polisuk, LL.B and Mr. Victor Huo have joined the Board of Directors of the Company.

Mr. Barry Polisuk has been a partner of Garfinkle, Biderman, LLP since 1995.

Mr. Barry Polisuk practices in the areas of secured lending, securities law, and commercial law. In securing lending, he acts on behalf of clients in transactions and collections. His commercial practice concentrates on mergers and acquisitions, incorporations, leasing and commercial agreements. He represents his securities law clients for initial public offerings, reverse takeovers and regulatory compliance.

With a B.A. in Political Science from McGill University (1982), Mr. Polisuk proceeded to earn his LL.B. (Cum Laude) at the University of Ottawa (1985) and his L.LL., the Quebec Civil Law Degree, the following year. Mr. Polisuk was called to the Ontario Bar in 1988 and became an associate with another Toronto law firm for seven years before arriving at Garfinkle, Biderman, LLP.

Mr. Victor Huo has more than 15 years of experiences in financial services and management consulting business. Mr Huo has been President and CEO of Centum Fundamental Financial Inc. (previously Centum One Financial Inc.), a licensed financial services firm based in Toronto, Canada since 2005. Mr. Huo is also the president and CEO of Can-China Enterprises Development Inc. since 2001. Can-China Enterprises Development Inc. is in the business of fostering business relationships between enterprises in Canada and China, promoting free trade between the two countries. Mr. Huo was the Publisher and editor-in-Chief of North American Times based in Toronto, Ontario, Canada from 1998 to 2001. Prior to 1998, Mr. Huo held various management positions in enterprises in China.

About CN Resources Inc. (OTCQB: CNRR) (PINKSHEETS: CNRR)

CN Resources is a disciplined, managed risk coal exploration and development company with activities focused on China coal energy markets. The Company believes that the best value creation opportunities for the Company is in China where energy demand will continue to be strong in the foreseeable future.

www.cnmines.com

Forward-looking Statements:
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in the Company's business; competitive factors in the market(s) in which the Company operates; risks associated with its operations in the United States, Canada and China; and other factors listed from time to time in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based.

Cautionary Note to U.S. Investors -- The United States Securities and Exchange Commission permits resources companies, in their filings with the SEC, to disclose only proved reserves that a company has demonstrated by actual production or conclusive formation tests to be economically and legally producible under existing economic and operating conditions. We may use certain terms in this press release, such as "probable," "possible," "recoverable" or "potential" reserves among others, that the SEC's guidelines strictly prohibit us from including in filings with the SEC. Investors are urged to consider closely the disclosure in our filings with the SEC.

ON BEHALF OF THE BOARD OF DIRECTORS
Oliver Xing, CA

Contact Information

  • Contact:
    CN RESOURCES INC.
    The United Centre
    255 Duncan Mill Road
    Suite 203
    Toronto, ON M3B 3H9
    Telephone: (416) 562-8120
    (416) 510-2991

    INVESTOR RELATIONS
    E-mail: info@cnmines.com
    Web: www.cnmines.com