Sphinx Appoints the Honourable Lawrence Cannon as Chairman and Michel Lemieux as Director

MONTR??AL, QC / ACCESSWIRE / July 23, 2019 / Sphinx Resources Ltd. ("Sphinx" or the "Corporation") (TSX-V: SFX) is pleased to announce that the Honourable Lawrence Cannon has been appointed Chairman of the Corporation's Board of Directors, following the resignation of John W. W. Hick. In addition, Michel Lemieux is appointed as an independent director.

"We are thankful of John's involvement and devotion during his chairmanship and wish him success in his new ventures", said Jeremie Ryan, President and CEO.

Over more than twenty four years, Michel Lemieux (B. Sc., RI) has gained significant experience in organizational development to elaborate and deploy management and support strategies and programs across a range of manufacturing and service companies. All inspired and guided by the mastery of a combination of concepts and models such as the Toyota model, the German approach and the industry 4.0 concept to optimize the level of performance and the overall performance for sustainable economic and social sustainability.

About Sphinx

Sphinx is a mineral exploration company that focuses its activities in southwestern Quebec in search of deposits of precious metals (palladium, platinum, gold and silver) and of base metals (zinc, copper, lead). Sphinx is particularly active in the MRC Pontiac where its President and Chief Executive Officer resides. It has a strong local shareholding that contributes towards social acceptability.

For further information, please consult Sphinx's website or contact:

Jeremie Ryan
President and Chief Executive Officer
819.664.2632
info@sphinxresources.ca
www.sphinxresources.ca

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This press release may contain forward-looking statements that are subject to known and unknown risks and uncertainties that could cause actual results and activities to vary materially from targeted results and planning. Such risks and uncertainties include those described in Sphinx's periodic reports including the annual report or in the filings made by Sphinx from time to time with securities regulatory authorities.

All forward-looking statements in this press release are made as of the date of this press release. Sphinx does not undertake to update any such forward-looking statements whether as a result of new information, future events or otherwise, except as required by law.

SOURCE: Sphinx Resources Ltd.