Post by Zoinkers on Jun 23, 2006 13:07:15 GMT -5
Press Release Source: Equitable Mining Corp.
Equitable Mining's Trading Liquidity Increases since Frankfurt Listing Joint Venture Close to Signing
Tuesday June 6, 9:30 am ET
TORONTO, June 6 /PRNewswire-FirstCall/ - (EQBM.PK & E5W.F) - Equitable Mining Corp.'s share liquidity has increased significantly since listing on the Frankfurt Stock Exchange and a major joint venture is close to signing.
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"We are experiencing a significant increase in the liquidity of our shares due to apparent interest from day traders since we listed on the Frankfurt Exchange," said Jim Adams, a company director.
The company is also attracting interest from European investors and Equitable is about to expand its public relations efforts in that market.
Financial agreements to develop projects in China, South America and Ontario are now coming to closure, with the company expecting to announce the finalized joint ventures in due course. These joint ventures are being structured in order to minimize stock dilution. Further details will be made available in a timely fashion.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by the lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions.
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Source: Equitable Mining Corp.
Equitable Mining's Trading Liquidity Increases since Frankfurt Listing Joint Venture Close to Signing
Tuesday June 6, 9:30 am ET
TORONTO, June 6 /PRNewswire-FirstCall/ - (EQBM.PK & E5W.F) - Equitable Mining Corp.'s share liquidity has increased significantly since listing on the Frankfurt Stock Exchange and a major joint venture is close to signing.
ADVERTISEMENT
"We are experiencing a significant increase in the liquidity of our shares due to apparent interest from day traders since we listed on the Frankfurt Exchange," said Jim Adams, a company director.
The company is also attracting interest from European investors and Equitable is about to expand its public relations efforts in that market.
Financial agreements to develop projects in China, South America and Ontario are now coming to closure, with the company expecting to announce the finalized joint ventures in due course. These joint ventures are being structured in order to minimize stock dilution. Further details will be made available in a timely fashion.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements can be identified by the lead-in "Looking Forward." These statements are not guarantees of future performance and involve significant risks and uncertainties. Actual results may vary materially from those in the forward-looking statements as a result of the effectiveness of management's strategies and decisions, general economic and business conditions, new or modified statutory or regulatory requirements, and changing price and market conditions.
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Source: Equitable Mining Corp.