TORONTO, ONTARIO--(Marketwire - Jan. 3, 2013) - Morumbi Resources Inc. (TSX VENTURE:MOC) ("Morumbi" or the "Company") announced today that Mr. Thomas Loch has resigned as President and Chief Operating Officer of the Company, effective December 31st, 2012. Mr. Loch was a founder of the Company, and had been its President & C.O.O. since December 2009. He remains a director of the Company. In announcing Mr. Loch's resignation, Lindsay Semple, the Company's Chief Executive Officer, thanked him for his service as both President & COO.
Morumbi Resources Inc. is a public company with a light oil property in northwest Alberta as well as early stage mineral exploration licences in PNG. Morumbi is also currently evaluating resource opportunities in Bougainville, PNG by forming strategic relationships with local Landowner companies with the view to securing mineral exploration licences on their traditional lands, if and when the moratorium on mining is lifted and mining licences are issued. The Company trades on the TSX Venture Exchange under the symbol "MOC". For more information about Morumbi and the Company's plans visit our website at www.morumbi.ca.
Neither the 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.