Plexmar Resources Inc.

Plexmar Resources Inc.

April 05, 2007 16:00 ET

Plexmar Resources Inc: Quarterly Financial Statements Correction

SAINTE-FOY, QUEBEC--(CCNMatthews - April 5, 2007) - Plexmar Ressources (TSX VENTURE:PLE) ("Plexmar"), as per article 32 of the ruling modifying the rule 51-102 on continuous disclosure, issues this present press release in relation to its quarterly financial statements for the period ending September 30 2006.

Following the Autorite des marches financiers observations , Plexmar noticed that when the September 20 2006, consolidated quarterly financial statements were filed, some classification errors were inadvertently made. Those errors, which were promptly corrected, did not affect the total assets, liabilities, shareholder's equity or the total loss.

Therefore, Plexmar will file shortly on Sedar corrected consolidated financial statements for the quarter ending September 30 2006.

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions.

126 M shares outstanding

Contact Information

  • Plexmar Resources Inc.
    Guy Bedard
    Paradox Public Relations