Majescor Resources Inc. appointed Mr. Michel Fontaine as Chief Executive Officer of the Corporation effective May 22, 2017. He will be replacing Mr. André Audet who will remain as Chairman and Director of the Board. Since October 2015, Mr. Fontaine has been involved with Majecor as a Director of its Board.

He was Vice-President/Business Development with Diagnos Inc. since 2005. Mr. Fontaine previously held a position of Vice-President within a firm specialized in Forex (Foreign Exchange). Before working as a broker at a major Canadian securities firm, he worked in the mining sector in Vancouver.

His broad experience in the financial and mining industries will be great assets for the Corporation. Mr. Fontaine is also on the board of directors of Metanor Resources Inc. and Everton Resources Inc. The company announced that André Larente has agreed to join the board of directors. Mr. Larente is President of Diagnos.

Mr. Larente has previously held leading management positions with companies such as Siemens, Syscan International, Newbridge Networks, Legent, Cognos, Tandem Computers and Honeywell Information Systems. Mr. Larente has built several AI based applications at Diagnos such as: Computer based analysis of amateur composers' songs, a FOREX application covering eight currencies, a Computer Assisted Resource Detection System for the natural resource sector and Computer Assisted Retina Analysis system.