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KINGSTON, ON, July 5, 2011 /CNW/ - Murgor Resources Inc. ("Murgor" or the "Company") announced today it has retained CHF Investor Relations, a highly
regarded Canadian investor relations firm headquartered in Toronto
operating under the same management for the past eighteen years.


Andre Tessier, President, CEO and Director of Murgor, commented, "We are eager to begin our working relationship with CHF Investor
Relations. We recognize the importance of hands on IR and are confident
that CHF will engage Murgor in a comprehensive, strategic and
persistent IR program that will serve existing shareholders and reach
out to the investment community at large."


Effective immediately, the services agreement for investor relations and
market-making is for a term of twelve months, and may be extended for
up to one year. Under the terms of the services agreement, which is
subject to TSX Venture Exchange approval, CHF will receive $7,500 per
month in fees and reimbursement of expenses. CHF has been granted a
total of 600,000 MGR stock options of which 200,000 have an exercise
price of $0.20 per share, 200,000 have an exercise price of $0.35 per
share and 200,000 have an exercise price of $0.45 per share. The
options vest quarterly over twelve months and have a 5-year term,
expiring on June 30, 2016. Upon termination of the services agreement,
any vested options will be cancelled after 30 days, as required by a
Tier 2 Issuer.


It has been agreed that CHF will initiate its Market Liquidity Program,
more commonly referred to as market-making, through its Calgary office.
The market-making activity will be conducted using a registered broker,
Mackie Research Corporation, in compliance with Policy 3.4 of the TSX
Venture Exchange Corporate Finance Manual, IIROC's Universal Market
Integrity Rules & Policies (2010) and other relevant policies, so that
trading orders in the Company's shares are made to manage volatility
and imbalance of orders to improve liquidity. As per Policy 3.4,
section 2.8 that states in part "an Issuer may not use its own funds,
or provide direct or indirect compensation to other parties to
undertake a market-making function in its securities," Murgor and CHF
confirm that capital for the purposes of market-making has not and will
not be provided from Murgor's treasury.


Prior to the grant of options outlined above, CHF had no direct or
indirect interest in the Company or its securities except for shares
subscribed for in the recent private placement amounting to 65,000
shares by Ottavio Cavalcanti and 65,000 shares by Catherine Hume, two
partners and officers of Cavalcanti Hume Funfer Inc. which operates as
CHF Investor Relations.


About CHF Investor Relations

CHF's effective role is acting as the public company's outsourced,
low-cost equivalent to an internal investor relations department. CHF
serves an international portfolio of TSX, TSX Venture and CNSX-listed
companies, and others that may seek to list on North American Exchanges
that operate in a broad range of industries including mining
exploration and producers, oil & gas, biotech, high-tech, renewable
energy, industrial products and services and special situations. The
depth of capital market experience is formidable dating back to the
late 1970's. CHF's head office is in Toronto, with another Canadian
office in Calgary and representation in Montreal; as well as branch
offices in New York, USA; Sao Paulo, Brazil; and Shanghai, China.


About Murgor Resources Inc.

Murgor Resources Inc. is a mineral exploration and development company
focused on near term production at the Golden Arrow Gold Mine in
Ontario. Murgor also owns a 100% interest in two gold-copper deposits
in the Snow Lake and Flin Flon mining districts of Manitoba. The
Company further owns an exceptional portfolio of gold properties in
proven mining districts of Canada, as well as a 1% NSR royalty in the
Barry Gold Mine and the Windfall Gold Project in Quebec.


Forward-Looking Statements

This news release includes certain "forward-looking statements". All
statements other than statements of historical fact, included in this
release, including, without limitation, statements regarding potential
mineralization, resources and reserves, exploration results, and future
plans and objectives of Murgor, are forward-looking statements that
involve various risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from Murgor's expectations are exploration risks detailed
herein and from time to time in the filings made by Murgor with
securities regulators.








This news release does not constitute an offer to sell or a solicitation
of an offer to buy any of the

securities described herein. The securities have not been and will not
be registered under the

United States Securities Act of 1933, as amended (the "U.S. Securities
Act"), or any state

securities laws and may not be offered or sold within the United States
or to United States

Persons unless registered under the U.S. Securities Act and applicable
state securities laws or an

exemption from such registration is available.




For further information:

PLEASE VISIT MURGOR'S WEBSITE AT http://www.murgor.com/">WWW.MURGOR.COM OR CONTACT: Andre C. Tessier, President & CEO MURGOR RESOURCES INC. Tel: (613) 546-7503 or 1-888-891-3330 E-mail: info@murgor.com Cathy Hume, CEO CHF INVESTOR RELATIONS Tel: (416) 868-1079 ext 231 Email: cathy@chfir.com Jennie Guay, Associate Account Manager CHF INVESTOR RELATIONS Tel: (416) 868-1079 ext 242 Email: jennie@chfir.com