Pele Mountain Resources Inc.

Pele Mountain Resources Inc.

June 09, 2015 17:16 ET

Pele Mountain Announces Resignation of Board Director

TORONTO, ONTARIO--(Marketwired - June 9, 2015) - Pele Mountain Resources Inc. (TSX VENTURE:GEM)(OTCQX:GOLDF) ("Pele" or the "Company") announced today that that Ms. Janis Peleshok, who joined Pele's Board of Directors in March 2014, has resigned effective immediately from Pele's Board, to focus on a new full time professional position.

Al Shefsky, President and CEO of Pele stated, "On behalf of Pele's Board of Directors, we would like to thank Janis for her service as a director of the Company. We wish her well in her future endeavors."

About Pele

Pele Mountain Resources is focused on the sustainable development of a rare earth processing center in Elliot Lake, Ontario, at the same location as its Eco Ridge Mine Rare Earth and Uranium Project. With excellent regional infrastructure and strong local support, Elliot Lake is an ideal location for production of a safe, secure, and reliable supply of critical rare earths and uranium. Pele shares are listed on the TSX Venture Exchange under the symbol "GEM" and on the OTCQX under the symbol "GOLDF".

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.

Common Shares Outstanding: 188,793,749

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