Majescor Resources fka MJX

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"July 5, 2011 - Majescor Resources Inc. (“ Majescor” or the“ Company”) ( TSX-V: MJX) ”) is pleased to announce that, through its wholly-owned subsidiary SIMACT Alliance Copper Gold Inc. (“ SACG”), it has agreed to acquire from an individual investor 13,000 voting shares of Société Minière du Nord-Est, S.A. (” SOMINE”), a company constituted under the laws of Haiti, in exchange for 275,000 common shares of the Corporation and a sum of $25,000. SACG presently holds 63.3% of the voting shares of SOMINE. "