Explor Resources Inc.
TSX VENTURE : EXS

Explor Resources Inc.

March 19, 2009 14:15 ET

CORRECTION FROM SOURCE: Explor Resources Grants Stock Options

A correction from source is being issued with respect to the release sent out this morning at 11:55 AM EDT.

ROUYN-NORANDA, CANADA--(Marketwire - March 19, 2009) - Explor Resources Inc. (TSX:EXS) is pleased to announce the granting of 3,000,000 Stock Options to Directors and Consultants of Explor Resources to acquire shares of the Company at $0.20. The Options are valid for a period of 5 years and expire March 19, 2014.

The Stock Options issued will be subject to a hold period of four months and a day from the date of grant.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Quebec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Quebec with approximately 33% in Ontario and 67% in Quebec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Company is headquartered in Quebec and was incorporated in Alberta in 1986.

Explor Resources Inc. is a public listed company trading on the TSX Venture (EXS).

This document may contain forward-looking statements relating to Explor's operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Explor's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filings. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Explor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

This press release was prepared by Explor Resources Inc. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Contact Information

  • Explor Resources Inc.
    Christian Dupont
    President
    800-388-8668 or 819-797-4630
    819-797-6050 (FAX)
    www.explorresources.com
    or
    Explor Timmins Office
    877-264-1273 or 705-264-1273
    705-264-1717 (FAX)