SOURCE: M45 Mining Resources, Inc.

November 05, 2008 13:04 ET

M45 Mining Resources Announces the Resignation of President and CEO, Appointment of New President

NEW YORK, NY--(Marketwire - November 5, 2008) - M45 Mining Resources (PINKSHEETS: MRES) is pleased to announce in the light of the company's new direction, the appointment of Mr. Jocelyn Lepine, P.Eng as President and CEO of the company effective on 10th November, 2008.

Mr. Lepine brings a wealth of experience that will be critical for the success of the company and its new objectives. He has as studied extensively in the field of computer solutions and obtained his bachelor's in Electrical Engineering at the University of Sherbrooke in 1990. With Mr. Lepine's experience in working with many other large public companies as a software consultant and has successfully taken larger corporations to success. In effect, he is now interested in achieving such success for a company of his own.

Following this announcement, Mr. Andrea Cortellazzi stated, "In the light of these new developments, I am pleased with my decision to step down as President and CEO fully entrusting the company over to Mr. Lepine and his financial group."

Forward-Looking Statement:

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.

Contact Information

  • MRES CONTACT NUMBER:
    M45 Mining Resources Inc.
    (516) 596-8976