SOURCE: HE-5 Resources, Corp.
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March 20, 2006 12:33 ET
HE-5 Resources, Corp. Appoints President
NEW YORK, NY -- (MARKET WIRE) -- March 20, 2006 -- HE-5 Resources, Corp. (OTC: HRRP) is pleased
to announce the appointment of Louis Veilleux to the position of President.
He will assume responsibility for managing the production start-up of the
mines to be acquired by the Company. In particular, he will oversee the
assessment and exploration of the Nevada and California mining projects
upon the closure of these acquisitions. In addition, he will head the
Company's exploration team and work closely with the geologists at the
mining sites.
Mr. Veilleux brings more than twenty-five years of management experience,
much of it acquired as a project manager in the mining sector and chemical
industry. He has managed various exploration programs worth over $10
million for mining companies. In addition, Mr. Veilleux spent several years
managing projects for Power Corporation and Owens Corning. Mr. Veilleux
will be taking a hands-on approach in his role as President of the Company
and thus will be moving near the mining site in Nevada after the
acquisition currently under negotiation is completed.
CEO Denyse Raynault stated: "Mr. Veilleux is a strong addition to our
management and newly-formed professional exploration team. We look forward
to Mr. Veilleux developing the exploration programs for all of our mining
projects, and achieving the same high level of success that he has
experienced throughout his career."
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 minerals and metals: gold, silver, mercury,
platinum and nickel. The Company is currently in the advanced stages of
conducting due diligence on mining projects located in Nevada and
California that have an estimated combined market value of over $80
million. These projects have an expected production start date of June
2006.
For more information please contact CEO Denyse Raynault at
Raynault@he-5.com or visit the Corporate website at www.he-5.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.