NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES, OR DISSEMINATION IN THE
METANOR RESOURCES INC. ANNOUNCES THE EXECUTION OF A LOAN AGREEMENT
OF $7,000,000 WITH INVESTISSEMENT QUÉBEC
April 19, 2012 – Val-D’Or, Québec, Canada: Metanor Resources Inc. (“Metanor”) (TSX-V: MTO) is
pleased to announce the execution, on April 16, 2012 (the “Execution Date”), of a 12% interest loan
agreement of $7,000,000 with Investissement Québec (“IQ”) providing the issuance of a total of
Metanor will use the proceeds of the loan on the development of the Bachelor Mine Project and for
general working capital purposes.
Serge Roy, Chairman and CEO and Ghislan Morin, President and COO both stated, “We are happy
of the confidence of Investissement Québec in the Corporation, its employees and the Bachelor Mine
Project and of their investment of $7,000,000.”
All securities issued are subject to a holding period of four months and one day from the date of
issuance of shares.
The Shares have not been registered under the United States Securities Act of 1933 (the “Act”) and
may not be offered or sold absent of registration under the Act or an applicable exemption from
registration requirements thereof. This press release does not constitute an offer to sell or a
solicitation to buy, nor shall there be any sale of these securities in any jurisdiction in which such
offer, solicitation or sale would be unlawful prior to registration or qualification under the securities
laws of any such jurisdiction or an exemption therefrom.
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
For further information please contact:
Serge Roy, Chairman and CEO