MONTREAL, Oct. 10, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of Northcore Resources Inc. is pleased to announce the nomination of a new Director. Mr. Serge Beausoleil, B.A.A., M. Sc. Economy and Management, Fin. Plan. and FCSI, 58 years old. Over the last 15 years he has acted as President of SB Communication, Montreal, Qc. This corporation is active in the field of financial communications. Mr. Beausoleil has also been a Corporate Director, President and Vice-President of various Canadian and Amercian public corporations, such as Viropro Inc., Orbite Exploration Inc., Ressources Minières Pro-Or Inc., Pro-Veinor Resources Inc. and Capital Pro-Égaux Inc.

Previously he was a financial planner for a Canadian Chartered bank from 1998 to 2002 in addition to being a registered representative for various brokerage companies from 1987 to 1991. Mr. Beausoleil has invested personally in public and private companies since 1976.

Mr. Beausoleil’s nomination is in replacement of Stephen McGinn, who has resigned to pursue other professional activities. Northcore wishes to thank Mr. McGinn for his services.

Disclaimers:

This press release contains certain forward-looking statements, including, without limitation, statements containing the words "may", "plan", "will", "estimate", "continue", "anticipate", "intend", "expect", "in the process" and other similar expressions which constitute "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements reflect the Company's current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company's on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

For further information contact

Garry Majerle, Chairman, tel.: 1-519-697-6945