TSX VENTURE EXCHANGE MTO shares outstanding MÉTANOR SIGNATURE OF by Armaggedon

VIEWS: 0 PAGES: 1

									TSX VENTURE EXCHANGE =MTO                                         73,270,393 shares outstanding

   MÉTANOR – SIGNATURE OF THE ACQUISITION AGREEMENT OF 132
        NEW MINING CLAIMS SURROUNDING BARRY DEPOSIT

May 28th, 2008 - Val-d’Or, Quebec, Canada: Metanor Resources Inc. (MTO: TSX-V) “Métanor” had
previously announced in the press release issued last March 12, the acquisition of 132 mining titles,
located in the Barry, Carpiquet and Souart Townships surrounding the Barry property, belonging to
Métanor.

The purchase paid for the acquisition of these 132 mining titles included the payment of the amount
of $16,000 and the issuance of 150,000 common shares of Métanor, in favour of the Vendor, not
related to the Company. A 2 % NSR (Net Smelter Royalty) is also part of the transaction, of which 1
% can be bought back for $1,000,000 and the other 1 % subject to the conditions negotiated by the
parties.

This acquisition was motivated by the good results obtained in 2007 from the surface samplings on
the Barry deposit and by the encouraging preliminary results obtained during the Bulk Sampling
currently in progress on the Barry property. This agreement is subject to regulatory approval.


                                                 - 30 -

The TSX Venture Exchange does not accept any responsibility for the adequacy or the accuracy of
                                    the press release.

For further information please contact:

Serge Roy, Chairman and CEO
Metanor Resources inc.
Tel. : 819-825-8678




                             www.metanor.ca E-mail: info@metanor.ca
                         2872, ch. Sullivan, suite 2, Val-d’Or (Québec) J0Y 2N0

								
To top