Coeur to Withdraw Pacific Exchange Listing; NYSE Listing Will Continue
November 21 2006 - 4:44PM
PR Newswire (US)
COEUR D'ALENE, Idaho, Nov. 21 /PRNewswire-FirstCall/ -- Coeur
d'Alene Mines Corporation (NYSE:CDENYSE:TSX:NYSE:CDM) today
announced plans to withdraw the listing of its common stock from
NYSE Arca, Inc., formerly the Pacific Exchange. Coeur's common
stock will continue to be listed and traded on the New York Stock
Exchange. Coeur has decided to withdraw its listing from NYSE Arca,
Inc. to streamline operations and eliminate duplicative
administrative requirements inherent with dual listings as a result
of the NYSE Group's recent merger with Archipelago Holdings, the
parent company of NYSE Arca. The withdrawal is expected to be
effective within the next month. Coeur does not believe that
withdrawing its listing from NYSE Arca will have any impact on the
liquidity of its stock. NYSE Arca will continue to trade Coeur
stock on an unlisted trading privilege basis. Coeur d'Alene Mines
Corporation is one of the world's leading primary silver producers
and a growing gold producer. The company has mining interests in
Alaska, Argentina, Australia, Bolivia, Chile, and Nevada.
Cautionary Statement Company press releases may contain numerous
forward-looking statements within the meaning of securities
legislation in the United States and Canada relating to the
company's silver and gold mining business. Such statements are
subject to numerous assumptions and uncertainties, many of which
are outside the company's control. Operating, exploration and
financial data, and other statements in this document are based on
information the company believes reasonable, but involve
significant uncertainties as to future gold and silver prices,
costs, ore grades, estimation of gold and silver reserves, mining
and processing conditions, currency exchange rates, and the
completion and/or updating of mining feasibility studies, changes
that could result from the company's future acquisition of new
mining properties or businesses, the risks and hazards inherent in
the mining business (including environmental hazards, industrial
accidents, weather or geologically related conditions), regulatory
and permitting matters, risks inherent in the ownership and
operation of, or investment in, mining properties or businesses in
foreign countries, as well as other uncertainties and risk factors
set out in the company's filings from time to time with the SEC and
the Ontario Securities Commission, including, without limitation,
the company's reports on Form 10-K and Form 10-Q. Actual results
and timetables could vary significantly from the estimates
presented. Readers are cautioned not to put undue reliance on
forward-looking statements. The company disclaims any intent or
obligation to update publicly such forward-looking statements,
whether as a result of new information, future events or otherwise.
Contact: Scott Lamb 208-665-0777 DATASOURCE: Coeur d'Alene Mines
Corporation CONTACT: Scott Lamb of Coeur d'Alene Mines Corporation,
+1-208-665-0777 Web site: http://www.coeur.com/
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