|
SEYMOUR EXPLORATION CORP.
Suite 410 – 777 Dunsmuir Street
Vancouver, British Columbia V7Y 1G5
(the "Company")
NEWS RELEASE
June 18, 2004
| TSX Trading Symbol: SEZ |
Telephone: (604) 688-5866 |
| Email: 3mcc@telus.net |
Facsimile: (604) 488-0787 |
|
|
Seymour Exploration Corp. (TSX:V "SEZ") (the
"Company" or "Seymour") is pleased to report the
appointment of Richard Murphy and Wayne Whymark to the Board of
Directors, in place of Derek Huston and Evange Apostolides whom have
tendered their resignations; Messrs. Huston and Apostolides will remain
consultants to the Company.
Mr. Murphy is a professional geologist who for the past ten years has
played a key role in exploration project generation, operation and new
business development.
Mr. Whymark is an entrepreneur with over 25 years experience in
exploration both in Canada and abroad. He has held director and senior
officer positions with a number of public mining companies.
Together, Messrs. Murphy and Whymark will head up the Wallbridge
Strategic Alliance project in the Swayze greenstone belt in Ontario,
which was announced on March 15, 2004. Messrs. Murphy and Whymark will
bring to Seymour Exploration an excellent set of technical and
managerial skills, together with a clear vision of how to acquire
strategic mineral assets and effectively explore them.
Mr. Murphy holds a management position with Wallbridge Mining Company
Limited. Mr. Whymark is a co-founder and past president of Wallbridge.
As stated above and reported in the Company's news releases of March
15th and April 13th, 2004, Seymour has an exploration Alliance with
Wallbridge which grants Seymour the option of earning 50% of
Wallbridge's Wakami property in the southwestern part of the Swayze
greenstone belt in Ontario. The Alliance is currently reviewing several
opportunities for new exploration project development.
The Company is also pleased to report the completion of a private
placement of 2,166,666 Units at a price of $0.15 per Unit. Proceeds from
the offering will be used in part, on qualified Canada Exploration
Expenditures. Shares issues as a result of this private placement,
including any shares issued as a result of the exercise of underlying 1
year warrants, will be subject to a four month hold period expiring
October 18th, 2004.
The Company also wishes to report the granting of stock options to
directors and officers entitling the holders thereof to purchase an
aggregate of 210,000 shares at a price of $0.15 per share for a period
of two years.
ON BEHALF OF THE BOARD OF DIRECTORS
Conrad Swanson, President
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES
NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF
THIS NEWS RELEASE.
|