Majescor Resources Inc.
TSX VENTURE : MJX

Majescor Resources Inc.

October 25, 2005 12:00 ET

Majescor Retains AGORA Investor Relations

MONTREAL, QUEBEC--(CCNMatthews - Oct. 25, 2005) - Majescor Resources Inc. (TSX VENTURE:MAJ) (www.majescor.com) is pleased to announce it has retained the services of AGORA Investor Relations Corp. ("AGORA") (www.agoracom.com) to provide investor relations services.

The objective of this agreement is two-fold. First, to create effective communication between Majescor Resources Inc., it's shareholders and the investment community through AGORA's Internet based investor relations system. Effective immediately, a customized and monitored Majescor IR HUB (www.agoracom.com/IR/Majescor) will allow both Majescor and AGORA to communicate with all investors simultaneously, anytime and in real-time, while providing shareholders with equal access and complete transparency to all investor relations communications. The IR HUB will also provide one-click access to the Majescor broker fact sheet, company profile, five most recent press releases, e-mail list registration, latest stock quote & chart information and an executive audio address updated quarterly. In addition, the IR HUB provides investors with a monitored discussion forum for the purposes of constructive and high-quality discussion about the Company that is free of spam, bashing, hyping and profanity.

Second, AGORA will be fully responsible for creating, implementing and executing an investor relations strategy, the consolidation of which will save management a considerable amount of time, effort and expense, allowing them to focus on core business operations, while significantly improving shareholder communications.

Majescor Chairman and CEO, Andre Audet, stated, "Given the Company's recent agreements with De Beers and developments in Madagascar, Quebec and Brazil, we believe the time has now come to significantly increase our communications with shareholders and the investment community. The solution provided by AGORA fulfils our need to manage and execute an IR strategy in a cost efficient manner, while providing our management team with the ability to focus on executing the business plan. Our shareholders and Company will benefit greatly from near real-time communications, regularly planned updates and increased exposure".

For all future Majescor investor relations needs, investors are asked to visit the Majescor IR Hub at www.agoracom.com/IR/Majescor where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to MAJ@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.

The agreement is for a three month period, commencing October 15, 2005 but may be extended to a twelve month period. The monthly investor relations fee is $2500.00CDN and includes 200,000 incentive stock options at $0.15. This agreement has been negotiated entirely at arm's length. AGORA is located in Toronto, Ontario

About AGORA Investor Relations Corp. www.agoracom.com www.AgoraIR.com

AGORA Investor Relations Corp. (AGORA) is North America's leading outsourced investor relations firm for small-cap companies. AGORA's exclusive IR HUB delivers two-way investor relations and communications that provides 100% transparency, accessibility, equality and near real-time communications for all shareholders and the investment community. The digital delivery of investor relations also provides public companies with savings over traditional services ranging from 50-60%.

AGORA has specialized in small-cap investor relations since 1997 and is the exclusive provider of all content to the AOL Small Cap Channel.

About Majescor Resources Inc.

Majescor Resources Inc. is a leading Canadian diamond exploration company, focused on high potential properties in Canada (in Quebec, Northwest Territories and Nunavut), the USA and, through its wholly owned subsidiary - Tropic Diamonds Inc. - in Brazil and Madagascar.

The discovery of the EKATI and DIAVIK mines in the NWT triggered a strong growth in the number of companies exploring for diamonds in the Canadian north, and more recently, in Quebec. These two areas share several similarities that make them prime target areas for the discovery of diamonds. Both have an Archean age craton and excellent indicator mineral chemistry, which are indispensable elements for the discovery of kimberlite pipes.

Majescor, with holdings of over 5,000 sq. km, is one of the largest diamond property holders in Quebec. Its projects cover many magnetic anomalies with diamond indicator minerals, with chemistry comparable to some of the best kimberlite pipes in Lac De Gras, NWT.

Though focused on Quebec, the company has additional quality projects outside the province. Majescor has created a strategic alliance with Dunsmuir Ventures to explore in the USA as well as undertaking Joint Ventures (JV) with Diamondex, Diamonds North Resources, De Beers Canada and Superior Diamonds in the NWT and Nunavut, and with Madagascar Mining (private company) in Madagascar and Vaaldiam Resources in Brazil.

To find out more about Majescor Resources Inc. (TSX VENTURE:MAJ), visit our website at www.majescor.com

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX Venture Exchange has not reviewed this press release and neither approved nor disapproved the information contained in this press release.

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