NORMABEC MINING RESOURCES LTD.
TSX VENTURE : NMB

NORMABEC MINING RESOURCES LTD.

May 26, 2005 16:39 ET

Normabec Announces Warrant Extension

ST-BRUNO, QUEBEC--(CCNMatthews - May 26, 2005) - Normabec Mining Resources Ltd (NORMABEC) (TSX VENTURE:NMB) announces that, subject to regulatory approval, it will extend to December 11, 2005 the expiry date of the common share purchase warrants (warrants) that are scheduled to expire on June 11, 2005. The warrants entitle the holders thereof the right to the purchase a total of 2,150,000 common shares of NORMABEC and are exercisable at a price of $0.15 per share. The warrants were issued pursuant to an offering memorandum financing in December 2003 in the Province of Quebec, with an insider holding 37% of the total warrants issued.

NORMABEC is a junior mining exploration company listed on the TSX Venture Exchange under the symbol NMB. The company is in the process of earning an interest in the Pitt Gold Property, located on the Destor-Porcupine Fault near Rouyn-Noranda, Quebec, and also owns several gold and platinum-palladium properties located in the Province of Quebec.

NORMABEC is an exploration company whose shares trade on TSX Venture Exchange under the symbol NMB.

The TSX Venture Exchange (TSX) has neither approved nor disapproved the contents of this press release.

Contact Information

  • Normabec Mining Resources Ltd
    Robert Ayotte
    President
    (450) 441-9177
    (450) 653-3721 (FAX)