Pro-Or Mining Resources Inc.

Pro-Or Mining Resources Inc.

December 06, 2011 04:00 ET

Pro-Or names new President

" POI TSX-Venture"

MONTREAL, Dec. 6, 2011 - PRO-OR (TSXV: POI). The board of directors is pleased to announce that Mr. Sylvain Boulanger has been named President of the Company effective immediately.  Mr. Boulanger will replace Mr. Pierre Gévry, who has held this position for the last twenty-five (25) years.

Mr. Boulanger holds a Bachelor of Arts from the University of Montreal and a BSc. Electrical Engineering) from École Polytechnique de Montréal (1977).  Mr. Boulanger possesses a strong manufacturing background having worked for such firms as General Motors, Paccar and Nike over a period of twenty-three (23) years where he worked in both a technical and management capacity.  He also possesses strong supply chain management experience having worked for the ALDO Group, La Vie en Rose and GENCO Distribution Systems for ten (10) years as Vice-president.

Mr. Gévry will remain on the Board of Pro-Or and will retain the position of  Managing Director.

The board of directors also announces that 150 000 options have been assigned to Mr. Yves Lasnier, who has been a director of the board for the last two (2) years.  The exercise price of these options has been established at $0.30 per share and the expiry date is October 27th, 2013.

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 release.

Contact Information

  • For further information:

    Pierre Gévry, director                                         Robert Mullins, Investor Relations                  
    Tel: (514) 849-7336                                       First Canadian Capital Corp.    
    Fax: (514) 849-9260                                       Tel:   (416) 742-5600 ext. 228    
    Website:                             Cell:  (416) 317-4358
      Max Sali
           Baccarat Investments Inc
           Tel:  (604) 367-8117