OTTAWA, ONTARIO--(Marketwired - June 26, 2013) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Majescor Resources Inc. ("Majescor" or the "Corporation") (TSX VENTURE:MJX) announces that it has completed the non-brokered private placement (see June 25, 2013 press release), by issuing 300,000 units to an Officer and Directors of the Corporation for gross proceeds of $15,000. All securities issued in the private placement are subject to a four-month hold period expiring on June 26, 2013.
About Majescor Resources Inc.
Majescor Resources Inc. is a junior explorer focusing on emerging mineral districts. In addition to the SOMINE project in Haiti, Majescor's project portfolio includes the Mistassini uranium exploration projects in Quebec (under Joint-Venture: 40% Majescor and 60% Strateco Resources Inc.) the Besakoa gold and base metal property in Madagascar (50%-50% joint venture with Sunridge Gold Corp.).
To find out more about Majescor Resources Inc. (TSX VENTURE:MJX), SIMACT Alliance Copper Gold Inc., the SOMINE copper- gold project as well as the Company's Mistassini uranium and Besakoa copper/gold properties, please visit our website at www.majescor.com.