Press Releases

METANOR STARTS MILLING BULK SAMPLE FROM BACHELOR LAKE GOLD MINE PROJECT

February 22, 2012 - Val-d’Or, Quebec, Canada: Metanor Resources Inc. (“Metanor”) (TSX-V: MTO) is pleased to announce that milling of ore has started for the 5,000 tonnes bulk sample from its Bachelor Lake gold mine project in Desmaraisville, Québec. Recently, the Bachelor Lake Mill began operations to process the ore obtained from the initial development in the Main Vein mineralized zone for the bulk sample program and will begin next week in the «B» vein.

Further, Metanor began its Feasibility Study in October 2011, and is expected to be completed in May 2012 including the results from the milling of the 5,000 tonnes bulk sample and its recent and ongoing drill program.

January 20, 2012 – Val-D’Or, Québec, Canada: Metanor Resources Inc. (“Metanor”) (TSX V: MTO) is pleased to announce the closing, on January 20, 2012 (the “Closing Date”), of a private placement by issuing a total of 1,470,588 units (the “Units”) to Natcan Investment Management, Inc. for aggregate gross proceeds of $499,999.92.

Val-d’Or, December 28, 2011 – (TSX Venture Exchange: MTO) (“Métanor” or the “Company”) held its Shareholders’ annual and extraordinary meeting in Val-d’Or last December 16. The Company is pleased to announce that the Shareholders elected as directors’ misters Robert C. Bryce, Tristram Robert Coffin, Raymond Couture, Ghislain Morin, Ronald Perry and Serge Roy. 

December 20, 2011 – Val-D’Or, Québec, Canada: Metanor Resources Inc. (“Metanor”) (TSX V: MTO) is pleased to announce the closing, on December 20, 2011 (the “Closing Date”) of a private placement with Industrial Alliance Securities Inc. and National Bank Financial Inc. (the “Agents”) by issuing a total of 20,841,909 units (the “Units”) for aggregate gross proceeds of $7,086,249.06.

November 30, 2011 - Val-d'Or, Quebec, Canada: Metanor Resources Inc. ('Metanor') (TSX-V: MTO) is pleased to announce that it has entered into an agreement with a syndicate of agents co-led by Industrial Alliance Securities Inc. and National Bank Financial Inc. (the "Agents") for a private placement of up to 25,000,000 Units of Metanor at a price of $0.34 per Unit (the "Offering Price") for aggregate gross proceeds of up to $8,500,000 (the "Offering").

November 22, 2011- Val-d’Or, Quebec, Canada: Metanor Resources Inc. (“Metanor”) (TSX-V: MTO) is pleased to provide a special update of its activities at the Bachelor Lake Project.

November 16, 2011 - Val-d’Or, Quebec, Canada: Metanor Resources Inc. (“Metanor”) (TSX-V: MTO) is pleased to provide another update of its activities at the Bachelor Lake Project.

October 13, 2011 - Val-d’Or, Quebec, Canada: Metanor Resources Inc. (“Metanor”) (TSX-V: MTO) is pleased to provide another update of its activities at the Bachelor Lake Project.

October 4, 2011 - Val-d’Or, Quebec, Canada: Metanor Resources Inc. (MTO: TSX-V) is pleased to announce the results of an Induced Polarization (IP) survey covering parts of the Barry United claims and the Barry East Extension claims of the Barry property which located several anomalies which may coincide with new gold bearing zones.

September 27, 2011 - Val-d’Or, Quebec, Canada: Metanor Resources Inc. (“Metanor”) (TSX-V: MTO) is pleased to provide another update of its activities at the Bachelor Lake Project.