Post by Zoinkers on Jun 23, 2006 13:12:42 GMT -5
Press Release Source: Equitable Mining Corp.
Equitable Mining Announces Project Operating Finances arranged.
Wednesday June 14, 9:25 am ET
TORONTO, June 14 /PRNewswire-FirstCall/ - (EQBM.PK & E5W.F) - Equitable Mining Corp. has arranged financing for operations so it can pursue engineering drilling exploration.
"Financing for operations has been agreed upon to include engineering and drilling exploration on existing sites and new ones as we acquire new properties," said Jim Adams, Director of Equitable Mining Corp. These capital outlay funds are being arranged project by project.
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The company also indicates that the joint venture agreements for developing its properties in Northern Ontario, South America and China are now being reviewed by the company's lawyers. Equitable will outline the joint ventures once the documents are signed.
The final signing of the Dalian, China mine tailings project has been delayed as the principals have been dealing with tropical storms at the site.
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 Announces Project Operating Finances arranged.
Wednesday June 14, 9:25 am ET
TORONTO, June 14 /PRNewswire-FirstCall/ - (EQBM.PK & E5W.F) - Equitable Mining Corp. has arranged financing for operations so it can pursue engineering drilling exploration.
"Financing for operations has been agreed upon to include engineering and drilling exploration on existing sites and new ones as we acquire new properties," said Jim Adams, Director of Equitable Mining Corp. These capital outlay funds are being arranged project by project.
ADVERTISEMENT
The company also indicates that the joint venture agreements for developing its properties in Northern Ontario, South America and China are now being reviewed by the company's lawyers. Equitable will outline the joint ventures once the documents are signed.
The final signing of the Dalian, China mine tailings project has been delayed as the principals have been dealing with tropical storms at the site.
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.