February 04, 2010 12:07 ET

UNOR Announces Change of Management

TORONTO, ONTARIO--(Marketwire - Feb. 4, 2010) - UNOR Inc. ("UNOR") (TSX VENTURE:UNI) announces the resignation of the current officers and directors of the Company and the appointment of a new slate of directors with Maurice Colson as President and Chief Executive Officer.

Brief biographies of the new directors are as follows:

Maurice Colson - Mr. Colson has been associated with investment banking for over 30 years, concentrating mainly in the mining industry. He was Managing Director for a major Canadian Investment Dealer in Europe and was Vice-President of First Marathon Securities Ltd., where he was one of the original partners and shareholders. Mr. Colson attended Loyola College, McGill University and Oxford University and holds a B.A. and M.B.A degrees in Economics. Mr. Colson is also a director and/or officer of several public companies.

Chris Irwin - Mr. Irwin has been the President of Irwin Professional Corporation since August, 2006. Prior thereto, Mr. Irwin was an associate of Wildeboer Dellelce LLP, Barristers & Solicitors, since January 2004. From January 2001 to December 2004, he was an associate of Power Budd LLP, Barristers & Solicitors. Mr. Irwin is a director and/or officer of several public companies.

Galen McNamara – Mr. McNamara holds a B.Sc. (hons) in geology from Laurentian University and has been involved in mineral exploration since the age of 18. He is currently a private explorationist and exploration consultant. Mr. McNamara has experience in VMS, IOCG, uranium, gold and porphyry-copper mineralization systems in both the brown-fields and grassroots settings. Apart from UNOR, he has been involved with a number of other public and private exploration companies.

John Doran - Before joining Irwin Professional Corporation in 2008, Mr. Doran was engaged by various companies in the technology and telecommunications sector, including JumpTV, where his mandate was the revitalization and reconstitution of the organization's legal department, and Globalive Communications Corp., where he spent 9 years as director of the company's legal and regulatory department. Mr. Doran received his Bachelor and Master of Arts from the University of Toronto, as well his Juris Doctor in 1999 from the university's Faculty of Law.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

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.

Contact Information