Explor Resources Inc.

Explor Resources Inc.

May 04, 2009 16:27 ET

Explor Hires an Investor Relations Firm

ROUYN-NORANDA, CANADA--(Marketwire - May 4, 2009) - Explor Resources Inc. (TSX VENTURE:EXS) today announced that Bay Street Connect of Toronto, an independent Investor Relations firm, has been selected as the Company's investor relations counsel.

Commencing immediately, Bay Street Connect will provide investor relations services for an initial period of six months ending November 4, 2009. Bay Street Connect will be paid a monthly fee of $3,000 plus allowable disbursements. Additionally, Bay Street Connect will receive incentive stock options, subject regulatory approvals, in the amount of 240,000 shares at an exercise price of $0.30 per share, valid for a period of six months.

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.

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.

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

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)
    Bay Street Connect Inc.
    Michael D'Amico
    Investor Relations