Rex Harbour Announces Acquisition of Additional Common Shares of Maudore Minerals Ltd.

LONDON, Nov. 7, 2011 /CNW/ - Mr. Rex Harbour announces that he has acquired control of 562,000 common shares ("Common Shares") of Maudore Minerals Ltd. ("Maudore Minerals") (TSXV:MAO), representing approximately 2.24% of the issued and outstanding Common Shares. As a result of these transactions, Mr. Harbour now owns or controls 3,459,250 Common Shares, representing approximately 13.789% of the issued and outstanding Common Shares.

The Common Shares were acquired through the facilities of the TSX Venture Exchange for the average purchase price of C$ 5.12 per Common Share. Mr. Harbour acquired the Common Shares for investment purposes only and may, depending on market and other conditions, increase or decrease his beneficial ownership, control or direction over, or exercise his rights to acquire Common Shares (or other securities of Maudore Minerals) through market transactions, private agreements or otherwise.

A copy of the early warning report being filed by Mr. Harbour with the applicable securities regulators will be available on SEDAR (

SOURCE Maudore Minerals Ltd.

For further information:

or to obtain a copy of the early warning report filed under applicable securities laws, please contact: Mr. Rex Harbour, 3eme étage, Les Lauriers, 15 Blvd Princesse Charlotte, Monte Carlo, Monaco, MC 90888, 00 377 9330 8545.

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Maudore Minerals Ltd.

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