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PXR

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Share Name Share Symbol Market Type
TSXV:PXR TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Prominex to Evaluate New Projects in Medical Marijuana and Hemp Industries

25/03/2014 4:27pm

Marketwired Canada


Prominex Resource Corp. (the "Company" or "Prominex") (TSX VENTURE:PXR)
announces that management intends to evaluate opportunities and new projects in
the Hemp and Medical Marijuana industries within Canada.  


Mr Gordon Barron stated that "Recent changes to legislation in Canada and the US
have dramatically altered the growth potential of these industries. Industrial
hemp has many uses, including paper, textiles, biodegradable plastics,
construction, health food, bio-fuel and medicine. It is increasingly apparent
that a growing proportion of the medical community believe that medical
marijuana and more specifically "cannabinoids", hold potential to help patients
who are suffering from a variety of ailments and illnesses. The company intends
to pursue all opportunities that may increase shareholder value in the new and
exciting field of medical marijuana use and the hemp industries." 


At this time, no transactions are in place, nor is there any assurance that a
new project will be concluded in the future.  


In the interim, management continues to evaluate all transactions, opportunities
and activities in respect of the Tulks Hill and Reid Lot 50 projects in central
Newfoundland. 


About Prominex 

Prominex is a TSX-Venture listed mineral exploration and development company
trading under the symbol "PXR". During the past several years, Prominex has been
exploring primarily for zinc-lead-copper-silver-gold mineral deposits.
Currently, Prominex is evaluating two projects within a base metal rich area of
central Newfoundland, home to formerly producing world-class base metal deposits
at Buchans. The Company's two major assets are the historic Tulks Hill and the
Reid Lot 50 projects, both situated in central Newfoundland. 


ON BEHALF OF THE BOARD

Gordon Barron, President and CEO 

Neither the TSX-V nor its Regulation Services Provider (as that term is defined
in the policies of the TSX-V) accepts responsibility for the adequacy or
accuracy of this release, and no securities regulatory authority has approved or
disapproved of the contents of this release.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Prominex Resource Corp.
Gordon Barron
President and CEO
1.604.566.1094
www.prominex.ca

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