NMC Resource (TSX VENTURE:NRC) Appoints Paul Matysek to the Board of Directors

NMC Resource (TSX VENTURE:NRC) Appoints Paul Matysek to the Board of Directors

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 4, 2012) - NMC Resource Corporation (TSX VENTURE:NRC) ("NMC Resource") is pleased to announce the appointment of Paul Matysek to its Board of Directors (the "Board").

Mr. Matysek has over 30 years of experience in the mining industry and is an experienced professional geochemist and geologist with a Bachelor and Master of Science degrees in Geology from the University of Toronto and British Columbia respectively. Mr. Matysek has held senior management and/or director positions with several mining and development companies including First Majestic Silver Corp, Uranium One Inc, Nevada Copper Corp., Potash One Inc., Energy Metals Corp. and Forsys Metal Corp. Mr. Matysek is currently serving as CEO of Lithium One Inc.

Mr. Matysek is a recognized company builder and a proven wealth creator; most recently holding the position of Founder, President and CEO of Potash One Inc. In January 2011, Potash One Inc. completed a friendly takeover by the K+S Group of Germany for $4.50 per share in a $434 million transaction. In November 2011, K+S Group committed $3.25 billion for the development of the Legacy potash project acquired in the takeover. Prior to joining Potash One Inc., Mr. Matysek was President and CEO of Energy Metals Corp., a premier uranium company traded on the New York Stock and Toronto Stock Exchanges. Energy Metals Corp. became one of the fastest growing companies in Canada during 2004 through 2007, from a market capitalization of only $10 million in 2004 to approximately $1.5 billion when a uranium producer acquired it in 2007.

Mr. Do Hyung Kim, President and CEO of NMC Resource, comments: "We are very pleased to have Paul join our Board. Paul's proven success in developing world class assets in specialty metals (potash, uranium, lithium) and translating them into shareholder value is unparalleled. I look forward to working with Paul to refine and implement our near and long term corporate strategy."

In connection with his appointment, Mr. Matysek will be granted a total of 200,000 incentive stock options (exercisable into 200,000 common shares in the capital of NMC Resource) under the Stock Option Plan of NMC Resource. The incentive stock options granted are exercisable at
.59 per common share for a term of 5 years. The said grant of incentive stock option is subject to TSX Venture Exchange ("TSX-V") approval.

Private Placement

NMC Resource further announces that it is raising, by way of non-brokered private placement (the "Private Placement") of up to 1,000,000 units (the "Units") at a price of
.50 per Unit, for aggregate proceeds of up to $500,000. Each Unit will consist of one common share in the capital of NMC Resource and one half of one common share purchase warrant. Each whole warrant will entitle the holder thereof to purchase one common share for a period of two years at an exercise price of $1.00 per common share. The proceeds of the Private Placement will be used for general working capital. The Private Placement is subject to TSX-V approval. There will be 27,566,667 common shares issued and outstanding on a post-private placement basis.

Key Corporate Development

Dong Won Corporation ("Dong Won") is the largest shareholder of NMC Resource. In order to generate a greater shareholder interest and corporate options, Dong Won has agreed to make available its shareholdings for strategic investors or buyers. The purpose of the above strategy is to realize fair market value of NMC Resource while minimally diluting public shareholders of NMC Resource. Major shareholders of NMC Resource are Dong Won and KTB 2007 Private Equity Fund, holding 61.59% and 21.24% of NMC Resource respectively on a fully diluted pre-private placement basis.

About NMC Resource Corporation

NMC Resource Corporation (TSX VENTURE:NRC) is a mining company with two molybdenum assets: NMC Moland Mine ("Moland") in South Korea and Boss Mountain Mine ("Boss Mountain") in British Columbia, Canada. Moland started commercial production in April 2010 and has been operating with a positive operating cash flow since. A new technical report was filed in December 2011 with an updated resource, and an active resource expansion drill program continues at Moland. Resource expansion drilling program requiring deep drill holes has been sponsored by KORES (Korea Resources Corporation, a state-owned mining company). As a sole producer of high grade molybdenum in South Korea, NMC Resource is also examining a number of marketing and production strategies to further enhance the mine's economics. Boss Mountain is a past molybdenum producer. NMC Resource is currently assessing historic resource data from 247 drill holes completed by the last mine operator Noranda Mines Ltd.