Explor Resources Inc.

Explor Resources Inc.

December 16, 2008 15:05 ET

Explor Resources Annual General Meeting

ROUYN-NORANDA, QUEBEC--(Marketwire - Dec. 16, 2008) - Explor Resources Inc. (TSX VENTURE:EXS) is pleased to announce that at the Annual General Meeting held on December 16, 2008, the following directors were elected: Christian Dupont, of Timmins Ontario, Geoff Carter, of Toronto, Ontario, Christian Guilbaud, of Montreal, Quebec and Jacques Frigon, of Amos, Quebec.

The accounting firm of Dallaire & Lapointe Inc. were re-appointed as auditors.

Explor is also announcing that the shareholders ratified the shareholders rights plan and the shareholders rights plan agreement dated November 8, 2008 The Shareholders also approve the replacement of the Company's Stock Option Plan which permits grants up to 10% of the issued and outstanding shares of the Company to be made by the Company on a rolling grant basis.

Subsequently to the Annual General Meeting, the Board of Directors of the Company held a Director's meeting and have appointed the following officers: Christian Dupont, as president and Chief Executive Officer and Jacques Frigon as Chief Financial Officer and Corporate Secretary.

The following persons have been appointed to the Audit Committee: Christian Dupont, Christian Guilbaud, and Geoff Carter.

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 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
    800-388-8668 or 819-797- 4630
    819-797-6050 (FAX)
    Explor Resources Inc.
    Explor Timmins Office
    877-264-1273 or 705-264-1273
    705-264-1717 (FAX)