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Message: NEWS - Ontex Resources Limited Announces Appointment of New Chief Financial Officer

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NEWS - Ontex Resources Limited Announces Appointment of New Chief Financial Officer

posted on Sep 26, 08 12:07PM

LONDON, ONTARIO-(Sept. 26, 2008) - Ontex Resources Limited (TSX:ONT) is pleased to announce the appointment of Peter Pistor as Chief Financial Officer of the Company.

A Chartered Accountant, Mr. Pistor joins Ontex from London Life where he most recently served as Tax Advisor in its life marketing division. He has also served as Corporate Controller of Cold Spring Farms and Ventra Group Inc., a former TSX-listed company. A graduate of the University of Western Ontario, Mr. Pistor also previously held the position of Financial Director, Canada for Liberate Technologies.

"We are very pleased to have Peter join the Ontex management team," said Ontex Chairman & CEO Gary Conn. "He brings with him a variety of experiences and we look forward to his contributions to Ontex."

The appointment of Mr. Pistor comes as Robert Gilmore has resigned to pursue other opportunities. "We would like to thank Mr. Gilmore for his contributions and wish him the best in his future endeavours," added Mr. Conn.

About Ontex Resources Limited

Ontex Resource Limited is a junior resource company listed on the Toronto Stock Exchange under the symbol "ONT". The Company is engaged in gold exploration principally on its Brookbank Gold property in northern Ontario.

For further information, investors are asked to visit the Ontex IR Hub at www.agoracom.com/IR/Ontex or email to ONT@agoracom.com


For more information, please contact
Ontex Resources Limited
Gary Conn
Chairman & CEO
(519) 455-8127
Email: info@ontexresources.com
Website: www.ontexresources.com

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Investor Relations:
AGORACOM Investor Relations
Email: ont@agoracom.com
Website: www.agoracom.com/ir/ontex

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