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

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From: onepath10/27/2006 9:43:06 PM
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Robert McEwen Exercises Warrants in Everton Resources

TORONTO, ONTARIO, Oct 27, 2006 (CCNMatthews via COMTEX News Network) --
pursuant to an agreement between Everton Resources and Mr. McEwen, Mr. McEwen has exercised 1,500,000 warrants of Everton. Each warrant entitled Mr. McEwen to purchase one whole common share or a total of 1,500,000 common shares at an exercise price of $0.70 per share.

Before the exercise of warrants, Mr. McEwen held approximately 10.2% of the outstanding shares of Everton. After the exercise of warrants Mr. McEwen will hold approximately 13.7% of the outstanding shares.

The Common Shares were issued from the treasury of Everton Resources.

SOURCE: McEwen Capital

McEwen Capital Corporation Ian J. Ball (647) 258-0395 or Toll Free: 1-866-441-0690 (647) 258-0408 (FAX) Email: info@mcewencapital.com

Copyright (C) 2006 CCNMatthews. All rights reserved
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