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Gold/Mining/Energy : Rubicon Minerals

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To: akpirate who wrote (256)9/16/2003 5:51:46 PM
From: Joey Two-Cents   of 470
 
Next stop the AMEX

Tue Sep 16, 2003
Rubicon Minerals Commences Trading On The Toronto Stock Exchange

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David W. Adamson, President and CEO of Rubicon Minerals Corporation (RMX.TSX) is pleased to announce that the Company's shares will be listed for trading on the Toronto Stock Exchange at the market opening Wednesday, September 17th, 2003 and that it will continue to trade under the symbol RMX. As a result of this graduation to Canada's senior stock exchange, the Company will delist from the TSX Venture Exchange.

Rubicon has over $10 million in working capital and controls a major land position in the prolific Red Lake gold camp in Ontario including its flagship 100% controlled McFinley gold project and lands optioned to AngloGold. In addition, the Company has significant exploration projects in Newfoundland, including the Golden Promise gold project, recently optioned to Placer Dome where a 16 month $1.5 million exploration program will commence shortly. The Company also realizes cash flow from its royalty division estimated to be approximately $670,000 in cash plus share value in its first year.

RUBICON MINERALS CORPORATION

David W. Adamson
President & CEO
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