blue note mining inc (BNT) Snapshot

Blue Note Mining Inc. (TSXV:BNT) has launched a review to explore its strategic alternatives. Due to the difficult market conditions, Blue Note Mining has been unsuccessful in raising sufficient capital to advance its projects and might be unable to continue its operations as a going concern. Therefore, it is pursuing discussions to preserve value through a strategic partnership, joint venture agreements or a sale of assets in the hope of restoring normal operations. There are no assurances that the process will result in a transaction, or, if a transaction is undertaken, as to the terms or timing of such a transaction.

Blue Note Mining Inc. announced the resignation of Mr. Stéphane Dubois as vice president operations of the company. He will continue to act as consultant of the company as needed.

Blue Note Mining Inc. announced the appointment of Mr. Paul Einarson to the board of directors. The appointment will take effect immediately. Mr. Einarson is a Chartered Accountant with over 20 years of experience working for companies such as PricewaterhouseCoopers LLP, Molson Inc. and KPMG LLP. Einarson has also gained valuable experience in corporate development and investor relations as a past director and senior officer of numerous mining and exploration companies such as Richmont Mines Inc. and Strateco Resources Inc. Einarson's international experience includes exposure throughout Eastern Europe, Brazil, and Africa.