Plexmar Resources Inc.
TSX VENTURE : PLE

Plexmar Resources Inc.

June 09, 2008 08:38 ET

Plexmar Resources Inc.: Work Resumes at Bolsa

QUEBEC CITY, QUEBEC--(Marketwire - June 9, 2008) - Plexmar Resources Inc. (TSX VENTURE:PLE) is pleased to report that at the community meeting held on Sunday June 8th 2008, (see press release dated May 26 2008) the vast majority of the people residing in 6 of the most populous towns, covering most of the Bolsa target, and accounting for more than 70% of the total community population want the Company to continue its exploration work as soon as possible. Consequently, mapping and geology resume immediately and proposals from contractors to complete the ground geophysics program are being accepted. A detailed schedule of the exploration program is currently under preparation by the Company's geologists and management and will be communicated when completed. No formal acceptance was made during the meeting as they did not have quorum. This should be done at the next meeting, and the Company anticipates it to be held by the end of September.

"We are extremely pleased that the small towns located near the project has enthusiastically embraced in a large proportion the exploration and investment program proposed by Plexmar. It clearly demonstrates their openness and willingness to work with the Company to explore and develop this great prospect while we invest and promote social initiatives that will impact the current and hopefully future generations."

The Company is committed to working with the local communities in a joint effort to improve their living standards by developing and managing social projects and to offering employments during the exploration phases.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

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.

141 M shares outstanding

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