TORONTO, May 27, 2011 /CNW/ - Jolyon Burton acquired, by private placement, ownership of 2,450,000 units ("Units") of Chemaphor Inc. ("Chemaphor"). Each Unit was purchased for $0.10 and consists of one common share and one-half of one common share purchase warrant in the capital of Chemaphor.

Together with previous holdings, Mr. Burton owns, directly and indirectly, a total of 3,717,117 common shares and 3,076,917 warrants of Chemaphor. Assuming exercise of the warrants, Mr. Burton beneficially owns, directly and indirectly, a total of 6,794,034 common shares of Chemaphor, representing 11.41% of the issued and outstanding common shares of Chemaphor.

The Units were acquired, without any joint actors, for investment purposes and Mr. Burton may increase or decrease his investment in Chemaphor depending on market conditions or any other relevant factors.

Jolyon Burton
Suite 300, 65 Front Street East
Toronto, Ontario M5E 1B5

SOURCE Chemaphor Inc.

For further information:

To obtain a copy of the report required pursuant to the early warning reporting requirements, please contact:

Jolyon Burton
(416) 640-7580

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Chemaphor Inc.

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