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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: loantech12/26/2005 12:22:32 PM
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Here is why I think Proteus Capital can "GET THE MONEY" for Western Goldfied's Mesquite start up:


Recent Transactions/Services

Proteus Capital Corp is a New York-based corporate advisory and research firm focused on the international natural resource and technology industries. Recent transactions completed by clients include:

PolyMet Mining

$12 million private placement (September 2005)

$8 million asset acquisition (September 2005)


Cadence Resources

$6 million mezzanine debt (April 2004)

$35 million merger with Aurora Energy (January 2005)

$20 million equity financing (January 2005)

High Plains Uranium

$12 million private placement (March-June 2005)


Western Goldfields:

$20 million merger with Romarco Minerals (pending)

$16 million debt and equity financing (November 2003)

$8 million acquisition of Mesquite gold mine from Newmont Mining Corporation (November 2003)

Western Silver

$55 million equity financing (December 2004)

$12 million equity financing (July 2004)

listing on the American Stock Exchange (February 2003)

$5 million equity financing (July 2002)


proteuscapital.com

Proteus report on Western:
proteuscapital.com

Douglas Newby's appointment to WGDF:

Western Goldfields, Inc. Management and Board Changes

2005-10-26 13:42 ET - News Release

RENO, Nev., Oct. 26, 2005 (PRIMEZONE) -- Western Goldfields, Inc. (OTCBB:WGDF) announces changes to its management team and board leading up to completion of its proposed merger with Romarco Minerals Inc.

The board is pleased to announce that it has appointed Douglas Newby as chairman, president and chief executive officer. Mr. Newby has nearly 25 years of experience in mining evaluation and finance. He was intimately involved with the company's acquisition of the Mesquite gold mine in southern California and has served as a director of the company since January 2004 and as its executive vice-president since March 2005.

Mr. Newby continued, "Our objectives are to fast-track completion of feasibility work at Mesquite and close the merger with Romarco. We are also reviewing other gold assets that offer the potential for near-term production and plan to build the merged company into a mid-tier North American-based gold producing company.

new.stockwatch.com
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