HE-5 Resources, Corp. Appoints President Mar 20, 2006 12:33:00 PM NEW YORK, NY -- (MARKET WIRE) -- 03/20/06 -- HE-5 Resources, Corp. (OTC: HRRP) is pleased to announce the appointment of Louis Veilleux to the position of President. He will assume responsibility for managing the production start-up of the mines to be acquired by the Company. In particular, he will oversee the assessment and exploration of the Nevada and California mining projects upon the closure of these acquisitions. In addition, he will head the Company's exploration team and work closely with the geologists at the mining sites.
Mr. Veilleux brings more than twenty-five years of management experience, much of it acquired as a project manager in the mining sector and chemical industry. He has managed various exploration programs worth over $10 million for mining companies. In addition, Mr. Veilleux spent several years managing projects for Power Corporation and Owens Corning. Mr. Veilleux will be taking a hands-on approach in his role as President of the Company and thus will be moving near the mining site in Nevada after the acquisition currently under negotiation is completed.
CEO Denyse Raynault stated: "Mr. Veilleux is a strong addition to our management and newly-formed professional exploration team. We look forward to Mr. Veilleux developing the exploration programs for all of our mining projects, and achieving the same high level of success that he has experienced throughout his career."
About HE-5 Resources, Corp.
HE-5 Resources, Corp. (HE-5) is a growth-oriented and emerging natural resources company. HE-5's mission is to maximize shareholder value by investing in pre-production mining projects, which are undervalued and have proven reserves that will increase the revenue and profit of the Company. HE-5's goal is to establish a vast mineral reserve and resource base with a focus on the following 5 minerals and metals: gold, silver, mercury, platinum and nickel. The Company is currently in the advanced stages of conducting due diligence on mining projects located in Nevada and California that have an estimated combined market value of over $80 million. These projects have an expected production start date of June 2006.
For more information please contact CEO Denyse Raynault at [email protected] or visit the Corporate website at www.he-5.com.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.
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