Mr. Andre Gauthier reports

MR. DAVID GUERETTE JOINS MATAMEC'S BOARD OF DIRECTORS

David Guerette joined the board of directors of Matamec Explorations Inc. at the annual meeting of shareholders held June 19.

Mr. Guerette holds a BA in mathematics and economics from the University of Montreal. As an entrepreneur with over 20 years experience in management consulting of human capital for small and large businesses across Canada and the United States, he supports leaders in the development and implementation of business solutions, involving optimization and organizational performance related to human capital. Mr. Guerette is co-founder of InTalent-Human Capital Solutions, a business for management consulting and for human resources technology. In addition, his extensive experience as a consultant for companies allows him to join his vision of human resources with that of operations. During his career, he had the opportunity to advise companies such as Microcell, Aeroplan Canada, Hewlett-Packard, Desjardins, National Bank, Rio Tinto, ArcelorMittal, Johnson & Johnson and Uniselect, to name a few.

According to the company policies, the board of directors granted 400,000 stock options to Mr. Guerette at an exercise price of 10 cents per share for a period of five years. Terms as conditions of exercise are regulated by the stock option plan to purchase shares of the company.