MPVC Inc.
TSX VENTURE : MVC.H

September 16, 2013 16:30 ET

MPVC Inc.: Appointment of New Director

WINNIPEG, MANITOBA--(Marketwired - Sept. 16, 2013) - MPVC Inc. ("MPVC" or the "Corporation") (TSX VENTURE:MVC.H) is pleased to announce that Mr. Gennen McDowall has been appointed to the board of directors and as non-executive Chairman of the board. Mr. Gennen McDowall is a geophysicist with over 30 years international mining exploration experience, including extensive work in the identification and exploration for uranium deposits worldwide. Mr. McDowall holds a first class honors degree in Geophysics from the University of British Columbia. He has worked for both major and junior companies focused on the exploration for uranium, diamonds, base and precious metals. He also has experience in corporate governance and administration through his work with a number of publicly listed junior mining companies.

From January 2010 to December 2012 he was a director of Goldstone Resources and in November 2010 he was appointed the non-executive Chairman of Goldstone Resources, an AIM listed company exploring for gold in West Africa. From June 2006 to June 2008 he was the President and Chief Executive Officer of Xemplar Energy Corp, a TSX Venture Exchange listed company exploring for uranium in Namibia. His responsibilities at Xemplar included the development and direction of Xemplar's uranium exploration program. During this time with Xemplar he participated in the raising of some $25 million by way of private placements.

Grant Hall, President of MPVC, said "We welcome Gennen as our new non-executive independent Chairman. He will add valuable experience to the board and enable us to better delineate the various responsibilities within the organization. Gennen's contributions on the corporate governance side of the business makes us a significantly stronger company."

MPVC is currently listed and posted for trading on the NEX exchange and is actively seeking a transaction to qualify for reactivation and listing on the TSX Venture Exchange. The current management and board of directors have prior public company experience and business experience in a variety of industries

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 press release.

This news release is not for dissemination in the United States or for release to U.S. newswire services. This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to persons in the United States unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

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