SOURCE: HE-5 Resources, Corp.

June 26, 2007 08:30 ET

HE-5 Resources, Corp. Announces Formation of IZZA Minerals Inc. Subsidiary to Explore Canadian Mining Territories

HE-5 Forecasts Finalizing Merger Agreement With TSX Venture Exchange Listed Corporation in the Near Future

NEW YORK, NY--(Marketwire - June 26, 2007) - HE-5 Resources, Corp. (PINKSHEETS: HRRN) is pleased to announce the formation of IZZA Minerals Inc., a wholly owned Canadian Subsidiary to explore the Company's Canadian Mining Territories.

IZZA Minerals will function as the exploration arm of HE-5 with a mandate to explore its mining territories in Canada. The status of IZZA Minerals Inc., as a Canadian Mining Corporation, will benefit from all the major tax incentives (Flow - Through Shares).

Shareholders may visit IZZA Minerals Corporate Website at: www.izza-minerals.com

Moreover, HE-5 Management, for the last three months, has been negotiating a Business Combination (Reverse Take Over) of IZZA Minerals Inc. and a TSX Venture Corporation. Only a few criteria remain for the completion of this merger; final closing via our attorneys is scheduled shortly.

HE-5 CEO, Miss Denyse Raynault, stated the following: "Our operations team has been actively preparing a systematic development plan during the last 12 months and we are very proud to see our efforts begin to bear fruit for the benefit of all of our shareholders. We will soon announce the nomination of new officers and directors who will join our organization and complete the operations team."

About HE-5 Resources, Corp.

HE-5 Resources, Corp. (HE-5) is a growth-oriented and emerging natural resources company. HE-5's mission is to maximize shareholder value by investing in pre-production mining projects, which are undervalued and have proven reserves that will increase the revenue and profit of the Company. HE-5's goal is to establish a vast mineral reserve and resource base with a focus on the following 5 metals: gold, silver, copper, zinc and platinum.

For more information on HE-5 Resources Corp, please visit our Corporate Web site at www.he-5resourcescorp.com

Forward-Looking Statements

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

Contact Information

  • Contact:
    Denyse Raynault
    775-841-0495