Maudore Minerals Reports on the Annual and Special Meeting

MONTREAL, June 27, 2013 /CNW Telbec/ - Maudore Minerals Ltd. (MAO: TSX-Venture; MAOMF: US OTC; M6L: Frankfurt Exchange) ("Maudore" or the "Company") reports that all resolutions put forth at the Company's Annual and Special Meeting held on June 26, 2013 were approved by shareholders.

George Fowlie, Daniel Harbour, Keith Harris, Robert Pevenstein, Gregory Struble, Kevin Tomlinson and Raynald Vezina were all elected as directors of the Company.

Following this Meeting, Ms. Claudine Bellehumeur has been appointed by the Board as Maudore's new full-time Chief Financial Officer, replacing Ms. Ingrid Martin who was Maudore's transitional consulting Chief Financial Officer.

Mr. Tomlinson declared: "On behalf of the Board, I wish to acknowledge Ingrid's excellent work and thank her for her valued assistance over the past several months, during Maudore's transition from explorer to producer. I would also like to welcome Ms. Claudine Bellehumeur, who brings a wealth of experience to the role."

At the Meeting, Maudore's shareholders approved the 2013 Common Share purchase option Plan which was implemented by the Board on May 27, 2013. This new program replaces the previous plan adopted in 1997 and is updated with the current standards and rules under the TSX Venture Exchange. It is subject to the approval of the Exchange and to any amendments that may be required to comply with its policies and to obtain its approval.

Finally, shareholders have approved By-law No. 1 relating generally to the conduct of the affairs of the Company, which will be posted on the Company's profile on SEDAR at www.sedar.com.

About Maudore Minerals Ltd.

Maudore is a Quebec based junior gold company with milling operations and more than 23 exploration projects, of which five are advanced stage toward development of exploration with reported current and historical resources. The Company's projects span some 120 kilometers, east-west, of the underexplored Northern Volcanic Zone of the Abitibi Greenstone Belt and cover a total area of 144,000 hectares (1,440 km2) with the Sleeping Giant Processing Facility within trucking distance of key development projects.

Quebec is consistently ranked amongst the best locations worldwide for mineral exploration and development, with low cost power, proper infrastructure, mining-oriented local communities and a skilled workforce.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: Maudore Minerals Ltd.

For further information:

Greg Struble
CEO and President
Email: greg.struble@maudore.com
+1 647 927 0239

George Fowlie
Deputy Chairman of the Board and Director of Corporate Development
Email: george.fowlie@maudore.com
+1 416 587 9801

Profil de l'entreprise

Maudore Minerals Ltd.

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