MONTREAL, QUEBEC--(Marketwire - June 14, 2011) - Majescor Resources Inc. ("Majescor" or "the Company") (News - Market indicators) announces that, subject to regulatory approval, the Company will extend for a second one-year period the expiry date of 2,995,000 common share purchase warrants (the "Warrants") scheduled to expire on June 17, 2011. 

The Warrants were issued pursuant to a private placement completed by the Company on June 17, 2009 for gross proceeds of $600,000. A total of 3,000,000 Warrants were issued as part of the private placement of which 2,995,000 remain outstanding and exercisable. Each Warrant entitles the holder thereof the right to purchase one common share of Majescor at a price of $0.30 per share and will now expire on June 17, 2012.

About Majescor Resources Inc.

Majescor is a junior explorer focusing on emerging mineral districts. Majescor's project portfolio includes the SOMINE copper-gold property in Haiti (majority-held by SIMACT Alliance Copper-Gold Inc., a wholly-owned subsidiary of Majescor), the Mistassini uranium exploration projects in Quebec (under joint-Venture with Strateco Resources Inc.) and the Besakoa gold and base metal property in Madagascar (100%-owned; under option to Sunridge Gold Corp.). 

To find out more about Majescor Resources Inc. (News - Market indicators), SIMACT Alliance Copper Gold Inc., the SOMINE copper-gold Property as well as the Company's Mistassini uranium and Besakoa copper/gold properties, please visit our website at www.majescor.com, or contact us directly at:

On behalf of the Board of Directors of Majescor Resources Inc.

Forward-Looking Statements

This News Release includes certain "forward-looking statements" which reflect management's expectations regarding the Company's future growth, results of operations, performance and business prospects and opportunities. This news release also contains forward-looking statements regarding the Company's use of proceeds from the Offering. These statements reflect Management's current beliefs at the time of this news release and are based on information currently available to Management. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Majescor Resources inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Management's expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators.