Albert Mining Inc. (Formerly known as Majescor Resources Inc.) Announces the Results of its Annual and Special Meeting

2017-07-19 / @thenewswire

(TheNewswire)

Ottawa, Ontario / TheNewswire / July 19, 2017 - Albert Mining Inc. ("Albert" or the "Company") (TSX-V: MJX) is pleased to announce the re-appointments of Mr. Andr?(C) Audet, Mr. Michel Fontaine, and Mr. Jacques Letendre as directors of Albert. The Company also welcomes a new director to its Board, Mr. Andr?(C) Larente. Mr. Larente is Chief Executive Officer of Diagnos. He 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.

The shareholders have approved the appointment of the firm of Devisser Gray LLP as auditors of the Company and also approved the amendment to its stock option plan.

Since 1996, for 21 years, the Company has been known as Majescor Resources Inc., however, at the Annual and Special Meeting of July 14th, 2017, its shareholders have approved to change Majescor's name to Albert Mining Inc. (reference to news release June 20, 2017) The common shares of the Company will begin trading under the new name on the TSX Venture Exchange ("TSX-V") upon acceptance by the TSX-V. The Company has also applied for a new CUSIP number and ticker symbol. In the interim, the Company will continue to trade under the symbol "MJX" on the TSX-V until further notice.

About Albert Mining Inc.

Albert is a junior mining exploration company with an extensive portfolio of gold and diamond properties in Quebec. Albert also recently acquired assets from DIAGNOS Inc.'s mining division, including the Computer Aided Resources Detection System ("CARDS"). Albert can count on a multidisciplinary team that includes professionals in geophysics, geology, Artificial Intelligence, and mathematics. The Company's objective is to develop a new royalty stream by significantly enhancing and participating in the exploration success rate of mining.

For further information, please contact:

Michel Fontaine

President and CEO of Albert Mining Inc.

Telephone: 514-994-5843

Fax: 613-422-0773

Email: michel@albertmining.com

Website: www.albertmining.com

Additional information about the Company is available under Majescor's profile on SEDAR at www.sedar.com.

Neither the 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.