Equitable Mining's Trading Liquidity Increases since Frankfurt Listing Joint Venture Close to Signing
June 06 2006 - 10:30AM
PR Newswire (US)
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. "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. DATASOURCE: Equitable Mining Corp. CONTACT:
Equitable Mining Corp - Jim Adams, (416) 410-3995,
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