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Gold/Mining/Energy : Ontex Resources (ONT Alberta)

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To: robbwharry who wrote (480)4/5/2000 12:12:00 PM
From: mark warburton   of 519
 
Ontex Announces Appointment Of New President

Toronto, Ontario - Wednesday, April 5, 2000, 11:34 AM EDT

Ontex Resources Limited ("Ontex") is pleased to announce the
appointment of Charles Harnick, Q.C. as its President and Chief
Executive Officer, on an interim basis, following the acceptance
by the Board of Directors of the resignation of Robin Goad from
that position. Mr. Harnick, who was appointed as a director of
Ontex in February, 2000, has served as the Attorney-General for
Ontario from June 1995 to June 1999 and as an MPP in the Ontario
Legislature from 1990 to 1999. Mr. Harnick is presently counsel
to the law firms of MacMillan Rooke Boeckle and Ferguson and
Boeckle.

Mr. Goad, who also serves as President, CEO and a director of
Fortune Minerals Limited, resigned as President and CEO of Ontex
following the divestiture by Fortune of its shares in Ontex last
year. Mr. Goad has expressed his support of the appointment of
Mr. Harnick as interim President and will continue to serve as a
director of the company.

Ontex Resources Limited
[signed]
Sam Fuda, Chairman

Issued Capital: 39,036,506 Common Shares

Further information can be obtained from Ontex Resources Limited
by contacting Mr. Gary Conn, Executive Vice-President, at: Tel.
(519) 455-8127; by Email: info@ontexresources.com; or by visiting
our website at www.ontexresources.com

Neither The Toronto Stock Exchange nor any securities Regulatory
Authority has approved or disapproved of the contents of this
news release.

596 Hamilton Road, London, Ontario Canada N5Z-1S6
Tel. (519) 455-8127 Fax (519) 455-1846

150 York St., Suite 1206, Toronto, Ontario Canada M5H 3S5
Tel. (416) 360-4031 Fax (416) 360-4034


ONTEX RESOURCES LIMITED
(Mining, Mining)
ontexresources.com

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¸ 2000 BCE Emergis

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