Minfocus Announces Appointment of Chief Financial Officer

February 20, 2018

February 20, 2018 - Minfocus Exploration Corp. (TSXV: MFX) (“Minfocus” or “Company”) is pleased to announce the appointment of Jody Bellefleur, CPA, CGA to the position of Chief Financial Officer of Minfocus.  Ms. Bellefleur brings extensive experience in the junior mining and exploration sector and has served as both an officer and/or director for a number of TSXV corporations.

Jody Bellefleur, CPA, CGA
Ms. Bellefleur has over 20 years corporate accounting experience providing services to both public and private corporations in the junior mining sector.  Her experience includes all aspects of regulatory financial reporting, coordination of annual audits and government tax and regulatory reporting.  She currently is also a director and the CFO of King’s Bay Gold Corp. (TSXV:KBG), she has served as the CFO of Zimtu Capital Corp. (TSXV:ZC) since 2013 and is CFO of Voltaic Minerals Corp. (TSXV:VLT).   Ms. Bellefleur is also the former CFO of various other TSXV companies including Pasinex Resources Limited (TSXV:PSE) and Group Ten Metals Inc. (TSXV:PGE).  She has a hold Bachelor of Commerce (B.Com.), Accounting from the University of British Columbia.

Ms Bellefleur is replacing Mr. Gavin Cooper.  Minfocus wishes to thank Mr. Cooper for his support and dedicated service as CFO of the Company extending over the six years since Minfocus initially listed on the TSXV.  We wish him well with his new responsibilities and duties as CFO of Kutcho Copper Corp. (TSXV:KC).

Corporate Update

The Board of Directors of Minfocus has granted 600,000 stock options to Ms. Bellefleur.

About Minfocus Exploration Corp.

Minfocus Exploration Corp. is a Canadian company currently advancing a portfolio of base-metal projects including three Mississippi-Valley-Type zinc projects in British Columbia and Newfoundland, an awaruite (Ni3Fe, a natural alloy) nickel project in northern British Columbia and a Platinum Group Element (“PGE”)–enriched Ni-Cu-Pt-Pd project in N.W. Ontario.  Minfocus has a successful management group with a record of multiple discoveries of deposits worldwide, including gold and uranium deposits in Mongolia and PGE-rich resources in Ontario, including the discovery of the first platinum-rich Ni-Cu-Pt-Pd deposit in the Midcontinent Rift, the Current Lake deposit (+700,000 oz. Pt-Eq).

For further information, please contact:

Kenneth B. de Graaf

President & Chief Executive Officer

Email: kennethd@minfocus.com


The Qualified Person who has reviewed and approved the technical content contained in this release is Dr. Graham C. Wilson, P.Geo.(Ont), a director of Minfocus.

Neither the TSX Venture Exchange nor its Regulatory Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

This press release includes certain forward-looking statements concerning the future performance of the Company’s business and operations as well as management’s objectives, strategies, beliefs and intentions.  Forward-looking statements are often identifiable by the use of words such as “may”, “will”, “might”, “would”, “plan”, “believe”, “expect”, “anticipate”, “intend”, “estimate”, “scheduled”, “forecasts” and similar expressions or variations (including negative variations) of such words and phrases.  Forward-looking statements are based on the current opinions and expectations of management, and are subject to a number of risks and uncertainties that may cause actual results, performance or achievements of the Company to be materially different from those currently anticipated by such statements.  Factors that could cause actual results or events to differ materially from current expectations include, among other things, the possibility that future exploration results will not be consistent with the Company’s expectations, fluctuating commodity prices, delays in commencing the Company’s proposed drilling program, exploration costs varying significantly from estimates, the availability of financing, and other risks identified in the Company’s documents filed with the Canadian securities regulatory authorities at www.sedar.com.  Any forward-looking statement speaks only of the date on which it is made, and except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement.