SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Metacomet2/21/2007 9:45:31 AM
  Read Replies (1) of 78419
 
This too shall pass.....

ROXMARK MINES LIMITED

NEWS RELEASE

ROXMARK RESPONDS TO ANNOUNCEMENT BY SIGNIFICANT SHAREHOLDER

Toronto, Ontario, February 19, 2007.

Roxmark Mines Limited (RMKL – CNQ.ca)announces, in response to a news release issued by Dr. S.E. Malouf and his group of companies (comprised of S.E. Malouf Consulting Geologists Limited and Zinc Metal Corporation) regarding the sale of up to 8.5 million Roxmark shares for estate planning purposes, that no director or officer of Roxmark (other than David Malouf in connection with his interest in Zinc Metal Corporation) intends to sell any of their Roxmark stock.

In addition, as a matter of Roxmark’s corporate governance, no directors or officers of Roxmark are permitted to purchase Roxmark shares until the above-referenced share sale has been completed.

Stated President Monir Younan, “Roxmark’s plans for 2007 exploration and analysis remain fully funded. Our operations continue to gain momentum and management remains confident that the market will reflect the Company’s intrinsic value over time”.

About Roxmark Mines

Roxmark Mines is a Canadian-based junior resource company involved in exploration and development of gold and molybdenum in the Geraldton-Beardmore area of Northern Ontario.

Assets include the Nortoba-Tyson molybdenum property, an onsite mill equipped to process both gold and molybdenum, and six formerly highly productive gold mines which generated nearly two million ounces of gold from high grade ore.

Existing infrastructure above and below ground at these mines provides important advantages in pursuing additional resources.

Further information is available at www.roxmark.com.

cnq.ca
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext