Listing (TSXV = LO Frankfurt = LE2A) ROUYN-NORANDA, Dec. 20, 2012 /CNW Telbec/ - LOUNOR EXPLORATION INC.announces that at the Annual and Special Meeting of shareholders held on December 19, 2012, the following directors have been elected: Gilles Fiset, Rodrigue Tremblay, Albert Campbell, Camille St-Hilaire, Laurent Hallé and Robin Harvey. The accounting firm of Dallaire & Lapointe Inc. has been re-appointed as auditors. Lounor also announces that the shareholders of the Corporation have approved the modification to the stock option plan increasing the number of stock options that can be granted in accordance with the stock option plan of the Corporation from 5,000,000 to 8,000,000. The shareholders approved the resolution ratifying the new by-Laws of the Corporation replacing the general By-laws of the Corporation. The new Board of Directors of Lounor Exploration Inc. will have its first meeting in January 2013 and will then elect the officers and the members of the audit committee. About Lounor Exploration Lounor Exploration Inc. is a Canadian-based natural resources company with mineral holdings in Ontario and Quebec and is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Quebec with approximately 33% in Ontario and 67% in Quebec. The Belt has produced in excess of 180,000,000 ounces of gold, 450,000,000 tonnes of base metal ore over the last 100 years. The Company is headquartered in Quebec. LOUNOR EXPLORATION INC. is a publicly traded company on the TSX-Venture (TSXV-LO) and on the Frankfurt Exchange (LE2A). This press release was prepared by Lounor Exploration Inc. Neither 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. This document may contain forward-looking statements relating to Lounor's operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Lounor's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Lounor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.