Anyone catch todays news???
Orex Gold Mines Corporation Releases New Literature on Environmentally Safe Gold Mining Process
CORAL GABLES, Fla.--(BUSINESS WIRE)--March 30, 1999--Orex Gold Mines Corporation (OTC BB:ORXX) announced it has released new literature which features the environmentally safe Haber Gold Process (HGP). The company is also producing a digital audiovisual production for release on CD and the Internet. The CD includes interviews with research scientist Norman Haber, who discovered the process.
Orex President, Warren Hemedinger, said today that the literature and A/V production was necessary to answer inquiries regarding the environmentally safe Haber Gold Process (HGP): "The response from gold mining companies seeking an alternative to cyanide, plus the enormous interest from the investment community, has been overwhelming. People want to know more about the HGP process." Orex stock (OTC BB:ORXX) began trading March 10th.
Orex was granted a license agreement for rights to commercialize the proprietary process, which Haber Inc. has prioritized for patent protection. This is the first time Orex has made the technology available in diagram form for wide circulation in print. Orex is mailing the brochure to shareholders of Orex and Haber Inc. It will also be sent to those who call Orex's toll-free number, which is 888/749-OREX. The HGP diagram can also be seen on the company's Web page (www.orexgold.com).
Orex is completing its first round of financing for the mining operation, which will be based entirely on the HGP. Orex will be the first company in the world to commercialize the process, which has been validated by four independent mining-engineering studies.
CONTACT:
Orex Gold Mines, Coral Gables
Investor Relations Contact:
Warren Hemedinger, 888/749-OREX
or
Media Contact:
Rick Paltridge, 914/878-1039
or
Web site:
orexgold.com
KEYWORD: FLORIDA
BW1109 MAR 30,1999
5:46 PACIFIC
08:46 EASTERN |
