April 08, 2009 16:44 ET

Louvem Mines Inc.: New Appointment

MONTREAL, QUEBEC--(Marketwire - April 8, 2009) - Louvem Mines Inc. ("Louvem") (TSX VENTURE:LOV) announces that the board of directors has appointed Mr. Martin Rivard as the Company's Chairman of the Board and President and Chief Executive Officer to replace Mr. Jean-Guy Rivard, who suddenly died on March 28, 2009. Jean-Guy Rivard has held these functions since February 1994.

The board of directors is in the opinion that Martin Rivard is well positioned for this transition. Since 1996 he works for Richmont Mines Inc. (TSX/NYSE Amex: RIC), the parent company of Louvem and in October 2005, was promoted President and Chief Executive Officer. The appointment of Martin Rivard as Chairman of the Board and President and Chief Executive Officer of Louvem is effective as of April 7, 2009 by resolution of the board.

The Board of Directors

About Louvem Mines Inc.

The Company has a 50% interest in the Beaufor Mine and owns other exploration properties located near Val-d'Or, in North-western Quebec, Canada.

More information on Louvem Mines can be found on its website at: www.louvem.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Louvem Mines Inc.
    Martin Rivard
    President and Chief Executive Officer
    819 797-0166 (FAX)