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

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From: pocotrader	1/1/2009 3:45:27 PM
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Nirek withdraws purported takeover bid Wednesday December 31, 2008, 2:54 pm EST BLAINE, WA, Dec. 31 /CNW/ - Century Mining Corporation (CMM: TSX-V) announced today that it has been advised that a purported takeover bid by Nirek Resources Inc. ("Nirek") has been withdrawn for technical reasons. Margaret Kent, President and CEO of Century, said, "We are looking forward to a prosperous year in 2009. As previously announced, the due diligence process has been completed for a large banking facility that will allow the company to resume mining operations at the Lamaque Underground Mine." About Century Mining Corporation Century Mining Corporation is a junior gold producer. The Company owns and is working towards the restart of the Lamaque mine in Québec that historically has produced over 9.4 million ounces of gold. In Peru, Century wholly-owned subsidiaries own an 82.6% interest in the San Juan Mine where the Company accounts for 100% of gold production. "Margaret M. Kent"

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