UPDATE: Encore Renaissance Maintains Price Gain; Trading Much Slower Today

Encore Renaissance Resources Corp. (EZ.V), which edged up and a bit further away from a year low 1.5 cents Wednesday, is currently trading at 2.5 cents, unchanged from its close.

More than 1.8 million shares have changed hands.

Encore announced yesterday that it has appointed Matt Wayrynen as President and Chief Executive Officer to reorganize and revitalize the company. It said Wayrynen has extensive experience in resource company management, venture capital financing and mergers and acquisitions, and will refocus Encore Renaissance on developing the Bonaparte mine property near Kamloops, BC.

Encore Renaissance has retained the services of Coast Mountain Geological to assist with the aggregation and assessment of information accumulated to date on to the Bonaparte property. Once the assessment is completed, the team at CMG will assist the Board and Advisory Board with the company's revised development strategy.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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