Brionor Announces Termination of Noyell Property Option with Wealth Minerals
PRESS RELEASE FOR IMMEDIATE RELEASE AUGUST 2, 2016 TSX-V: BNR
BRIONOR ANNOUNCES TERMINATION OF NOYELL PROPERTY OPTION WITH WEALTH MINERALS
- NOT FOR DISTRIBUTION TO UNITED STATED NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES -
Toronto, Ontario, August 2, 2016 - Brionor Resources Inc. (“Brionor” or the “Company”) (TSX- V: BNR) announces that it has received formal notification from Wealth Minerals Limited (“Wealth”) that pursuant to the Option Agreement dated July 23, 2015 (“Agreement”), it will not proceed with its Year 2 option payment and therefore the option is terminated (as of July 24, 2016), and the Noyell property has been returned 100% to Brionor. Wealth’s decision to drop the option was due to a corporate change of focus, and in no way is reflective of the specific merits of the Noyell property itself. Brionor is pleased to have regained 100% of Noyell and is evaluating all options to advance the property.
Brionor, also announces that its 2016 3rd Quarter Financial Statements and MD&A have been filed on SEDAR today.
Brionor is a junior mining exploration company with a portfolio of exploration projects in Québec.
FOR FURTHER INFORMATION PLEASE CONTACT:
Brionor Resources Inc.
Lewis Lawrick, President & CEO: 647-478-5307 Robert Ayotte, Chairman: 450-441-9177
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.