June 1, 2011, Vancouver, BC: Copper One Inc. (TSXV: CUO) (the "Company" or "Copper One") announces that Mr. Benoit Moreau has been appointed as President and CEO of the Company, effective June 1, 2011. Mr. Alan Edwards has resigned as President and CEO and will remain as director of the Company.
Mr. Moreau has over 25 years of experience in the mining industry as a geologist (University of Montreal, 1982) and a mining engineer (École Polytechnique of Montreal, 1985). He has been a member of the Ordre des Ingénieurs du Québec since 1985. He also holds an MBA (University of Quebec in Montreal, 2000) and has been the Vice President of Exploration and a Director of Otish Energy (TSX.V: OEI) from February 2008 to March 2011. Mr. Moreau is the former President of Geomega Resources Inc. and is intricately familiar with the Montviel Carbonatite complex.
From June 2006 to January 2008, he was project manager for EarthMetrix Inc., a company offering services in mineral exploration. From April 1999 to May 2006, he was president of Global Ionix Inc., a company specialized in metallurgical processes, purchased by Capimont Inc. in 2006.
In connection with his appointment, Mr. Moreau has been granted options to purchase 1,000,000 common shares of the Company at an exercise price of $0.80 for a period of five years. The options will be subject to the terms of the Company's stock option plan.
About Copper One Inc.
Copper One is focused on developing high-value copper deposits in leading mining jurisdictions. The Company is led by a diverse team of explorers, developers and operators with major company experience and a clear understanding of the business of mining. Copper One also holds a significant portfolio of copper properties in two stable, prolific world mining regions. The newest addition to the portfolio is the Riviere Dore Cu-Ni Project, Val d'Or District in Quebec. Copper One has six properties in the Arizona and New Mexico copper mining districts, including the Lone Mountain copper oxide project which is currently in the permitting process for a major drill program anticipated in 2011.
For more information about Copper One Inc., please visit: www.copperone.com.
On behalf of the board of directors of Copper One Inc.,
Francois Perron, BSc, MBA
Director and Chairman
FOR MORE INFORMATION, PLEASE CONTACT:
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.