Brionor Announces Board and Management Changes and Issuance of Stock Options
291824.00007/95380580.1
PRESS RELEASE FOR IMMEDIATE RELEASE
May 19, 2017
TSX-V: BNR
BRIONOR ANNOUNCES BOARD AND MANAGEMENT CHANGES AND ISSUANCE OF
STOCK OPTIONS
Toronto, Ontario, May 19, 2017 - Brionor Resources Inc. (“Brionor” or the “Company”) (TSX-V: BNR) wishes
to announce the following changes to its Board of Directors effective May 18, 2017: Robert Ayotte, Chairman
of the Company has resigned. Mr. Ayotte served as the Chairman of the Board of Brionor from 2011; prior to
which he was the President & CEO from its inception in 2009; as well as its predecessor company (Normabec
Mining Resources, which was acquired by First Majestic Silver in 2009 ). Robert will continue to offer his
services to the Company on a foregoing basis in a consulting role. Replacing Robert on the Board and as
Chairman is Mr. Denis Hall. Denis is a founding shareholder of Atala Resources Corp. (“Atala”); which was
recently acquired by the Company (see Press Release dated May 8, 2017) . Denis has over 40 years of
mineral exploration experience in the A mericas. This includes 20 years of experience in Argentina with
Minera Andes Corp., where he was instrumental in finding and delineating the high grade Ag/Au San Jose
mine – now in production by McEwen Mining in partnership with Minera Hochshild; as well as the large Los
Azules Cu porphyry project (also owned by McEwen via its takeover of Minera Andes).
Further, the Company is pleased to announce the appointment of Dr. Paul David Robinson to the position of
Vice President of Exploration. Paul brings sign ificant South American exploration experience including 7
years as the Country Manager Argentina for Renaissance Gold Inc. / AuEx Ventures Inc., and is thus very
familiar with the Atala project portfolio recently acquired by the Company. Lew Lawrick , President & CEO
commented, “the additions of Denis as Board Chair and Paul as VP Expl oration are key to expediting our
strategic focus and exploration activities on the highly prospective, quality exploration portfolio in Santa Cruz
Province that we have acquired through Atala. The experience in Argentina and with these projects that both
of these professionals bring to Brionor will allow us to literally hit the ground running with our exploration plans
over the coming months. At the same time, while we are sorry to lose Robert’s valuable input and experience
at the Board level, we are very pleased to have him remain close at hand on a consulting basis.”
The Company also wishes to announce that it has issued a total of 3.4 million stock options (with an exercise
price of $0.065 for a period of 5 years) to its Officers, Directors, and consultants.
About Brionor
Brionor is a junior mining exploration company with a portfolio of exploration projects in Québec, and a large,
very prospective exploration project po rtfolio in in the emerging precious metals Province of Santa Cruz,
Argentina. Currently Brionor is well funded with approximately $2.5 million in cash and marketable securities.
FOR FURTHER INFORMATION PLEASE CONTACT:
Brionor Resources Inc.
Lewis Lawrick, President & CEO: 647-478-5307
Email: [email protected]
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.
Cautionary Statements Regarding Forward Looking Information
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Some statements in this release may contain forward -looking information. All statements, other than of
historical fact, that address activities, events or developments that the Company beli eves, expects or
anticipates will or may occur in the future (including, without limitation, statements regarding potential
mineralization) are forward-looking statements. Forward-looking statements are generally identifiable by use
of the words “may”, “will”, “should”, “continue”, “expect”, “anticipate”, “estimate”, “believe”, “intend”, “plan” or
“project” or the negative of these words or other variations on these words or comparable terminology.
Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the
Company’s ability to control or predict, that may cause the actual results of the Company to differ materially
from those discussed in the forward-looking statements. Factors that could cause actual results or events to
differ materially from current expectations include, among other things, without limitation, failure by the parties
to complete the Transaction, failure to establish estimated mineral resources, the possibility that future
exploration results will not be consistent with the Company's expectations, changes in world gold markets or
markets for other commodities, and other risks disclosed in the Company’s public disclosure record on file with
the relevant securities regulatory authorities. Any forward-looking statement speaks only as of the date on
which it is made and except as may be required by applicable securities laws, the Company disclaims any
intent or obligation to update any forward-looking statement.