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-MAJESCOR ANNOUNCES THE APPOINTMENT OF A NEW CHIEF FINANCIAL OFFICER AND THE GRANTING OF OPTIONS

Ottawa, Ontario - Majescor Resources Inc. ('Majescor' or the 'Corporation') (TSX-V: MJX) wishes to announce that Mrs. Lucie Letellier has been appointed as Chief Financial Officer of the Corporation effective immediately.

She will be replacing Mr. Sabino Di Paola who has resigned to pursue other projects. Mrs. Letellier is a financial professional with specialization in finance and accounting having spent over 25 years in public accounting. From 2005 to 2009 Lucie was the CFO of Paramount

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